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

It is true that the popularity of using digital
payment
via smartphones are growing more and more, yet, some people argue that negative aspects of using
such
apps
are deniable. Not to mention, though, I do believe the benefits offer
this
way outweigh its drawbacks. Talking about the negative side
firstly
, digital transactions for old generations and some who cannot become familiar with electronic gadgets is not as easy as for other people. Plus, in some cases the internet is not reachable, using an online
payment
system would not work.
Secondly
, these
apps
could be prone to digital fraud and misused financial information if the
apps
were not secured adequately or the smartphone was stolen.
However
, the online system of
payment
has brought a great deal of convenience to human’s lives. To illustrate, the majority of the population have smartphones with set up
apps
, so, they can transfer money or pay for goods with a tap on the screen. They do not need to carry cash or swipe a credit card.
For example
, PayTM and Paypal, worldwide
apps
, have been accepted as instant transaction ways without standing in ATM queues.
Additionally
, some online services offer a discount,
for instance
, Maxim gives instantly 10% cashback if customers use
this
app or offer others.
As a result
, paying online is not only convenient and affordable but
also
can be regarded as a fast way of transactions. In conclusion,
although
there are several drawbacks to using digital
payment
such
as fraud or age-based working, I strongly believe
payment
apps
meet people’s convenient and time-saving requirements.
Submitted by roosta6787 on

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