With the advent of digitalization, more nations are advocating digital modes of settlement. In my opinion, even though
this
development is a pathbreaking discovery it has various disadvantages too. The essay will put forth the merits and demerits of using online Linking Words
payment
avenues.
Use synonyms
Firstly
, making Linking Words
payment
through mobile apps are extremely convenient.As it is cashless, we don't have to bother withdrawing money from ATMs or carry around money with them. The cash transfer to the intended party is instantaneous. Nowadays, a society opts for Google pay or Paytm software to make payments for items they purchase through e-commerce websites or even for ordering food. Use synonyms
Moreover
, numerous businesses or companies offer discounts to consumers using digital Linking Words
payment
mode.Use synonyms
This
encourages customers to shop frequently thereby benefitting the companies. Linking Words
For example
, AliExpress, a famous e-commerce company, offers exclusive discounts to its members who shop through their mobile app.
Linking Words
However
, there are drawbacks involved in promoting online remittance gateways. For one, it might not be an affordable option for many. In order to use apps, a smartphone is required which might not be viable for people belonging to the lower class of society. Linking Words
Furthermore
, in rural areas, people are unfamiliar with the usage of digital Linking Words
payment
platforms and they might still be comfortable in doing cash transactions. Use synonyms
Secondly
, online Linking Words
payment
applications require individual's personal details and credit card information which can get easily stolen if a data breach occurs. Use synonyms
This
can lead to serious consequences like identity theft. We are all familiar with Google's data breach that occurred recently.
So to conclude, even though online Linking Words
payment
is a revolutionary invention as it is convenient it has drawbacks like unaffordability and data theft. In my opinion, the benefits and demerits are of the same level and it is up to society whether to use it responsibly.Use synonyms
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