In many countries, paying for things using mobile phone apps is becoming increasingly common. Does this development have more advantages or more disadvantages?

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Mobile payments are advertised as a quick and convenient way to pay for anything. It has only tapped the
smartphone
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to the
payment
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terminal.
However
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, the
technology
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caused frustrations of its own. In
this
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essay, I will discuss both the advantages and disadvantages and explain why I feel that it has more benefit.
To begin
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with, there are multifarious benefits of using mobile
phone
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payment
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.
Firstly
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, it makes us more convenient and comfortable. To illustrate, all you want to do to pay is tap your
smartphone
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to the
payment
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terminal authenticate the transaction, usually with your fingerprints. It has not required you to swipe the card or sign anything.
Secondly
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, they are widely accepted. Most major retailers accepted form of mobile
payment
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. Even though you are in a rural area, there is a good chance you have a lot of digital
payment
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options. On the negative side, it can provide the cause of problems by using the mobile
phone
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payment
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. The main disadvantage of using mobile
phone
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payment
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is that
technology
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only supported certain phones. Most mobile
payment
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systems use a
technology
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called NFC to send transaction data to a terminal
payment
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, and not all
phone
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can do it.
For example
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, some retailers required a QR code system to make a
payment
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instead
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of using Apple Pay or Google Pay.
As a result
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, the consumer could have updated their mobile
phone
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version up to dates. In conclusion, mobile payments are convenient as they just tap and go.
However
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, the consumer needs to update its
smartphone
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that supported the system of payments. I personally agree that it has more benefits than drawbacks of using
smartphone
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payment
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technology
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.
Submitted by o_unanan on

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