Nowadays plastic money replacements such as credit and debit cards are extremely popular, even more than banknotes and coins. Discuss the advantages and disadvantages of this.

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Nowadays, different forms of electronic transactions have been introduced
as a result
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of technological advancement. Some
people
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believe that the use of
banknotes
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is being supplanted by credit and debit cards. In
this
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essay, I will discuss both positive and negative consequences, and
this
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essay deals both with them. There are many positive factors in using
plastic
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money
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. To say that, using
plastic
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money
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could be more convenient and easy to carry while using
banknotes
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can be less comfortable. To illustrate, if we needed a huge amount of investment to purchase one of the products, it would be inconvenient to use paper notes,
such
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as to buy a house we might be required millions of dollars but we can’t endure it by
banknotes
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.
Moreover
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, while
plastic
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money
Use synonyms
is safer to use,
banknotes
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can create security concerns for the users. Indeed,
banknotes
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can be used directly by grabbing them whereas stolen credit cards can be blocked by informing the individual bank at the incident time.
For instance
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, according to the statistics
people
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are being more sufferers while using paper
money
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than the electronic transaction.
Conversely
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, there are
also
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some drawbacks to the usage of
plastic
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money
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. Any type of security breach can create a huge loss to the customer, while the paper
money
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doesn’t cause
such
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problems. Due to the advancement of technology, crime personnel is becoming more mature, which can be a vital reason for financial loss.
On the other hand
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, while
people
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do transactions with
plastic
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money
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, they spend more than
banknotes
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.
However
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, it is challenging to understand the amount of spending through cards, which paves the way to profligacy. As an example, one study shows that when
people
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need to pay in cash
then
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they tend to expend less. In conclusion,
although
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banknotes
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brought lots of
convenience
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conveniences
show examples
and we are not spending much by using them,
plastic
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money
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can be a plausible solution for many significant problems. I personally believe that by taking some reasonable steps, it can be used appropriately.
Submitted by sarara23 on

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Answer the 'Advantages and Disadvantages' topic

IELTS advantages and disadvantages questions normally give you a statement and ask you to comment on the advantages and disadvantages of that statement.

Answer structure for the type of essay

  • Introduction
  • Body paragraph 1 – advantages
  • Body paragraph 2 – disadvantages
  • Conclusion

Examples to start your body paragraph:

  • The main advantage is...
  • The disadvantage of this...
  • The main benefit...
  • Despite these advantages...
  • One possible drawback...

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