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

Mobile payments are advertised as a quick and convenient way to pay for anything. It has only tapped the

smartphone

to the

payment

terminal.

However

, the

technology

caused frustrations of its own. In

this

essay, I will discuss both the advantages and disadvantages and explain why I feel that it has more benefit.

To begin

with, there are multifarious benefits of using mobile

phone

payment

.

Firstly

, it makes us more convenient and comfortable. To illustrate, all you want to do to pay is tap your

smartphone

to the

payment

terminal authenticate the transaction, usually with your fingerprints. It has not required you to swipe the card or sign anything.

Secondly

, they are widely accepted. Most major retailers accepted form of mobile

payment

. Even though you are in a rural area, there is a good chance you have a lot of digital

payment

options. On the negative side, it can provide the cause of problems by using the mobile

phone

payment

. The main disadvantage of using mobile

phone

payment

is that

technology

only supported certain phones. Most mobile

payment

systems use a

technology

called NFC to send transaction data to a terminal

payment

, and not all

phone

can do it.

For example

, some retailers required a QR code system to make a

payment

instead

of using Apple Pay or Google Pay.

As a result

, the consumer could have updated their mobile

phone

version up to dates. In conclusion, mobile payments are convenient as they just tap and go.

However

, the consumer needs to update its

smartphone

that supported the system of payments. I personally agree that it has more benefits than drawbacks of using

smartphone

payment

technology

.