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

#plastic #money #replacements #credit #debit #cards #banknotes #coins

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In the contemporary world, it is irrefutable that the mode of money transactions have changed around the globe. These days, credit and debit

cards

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have become quite popular replacing

the

Correct article usage

apply

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coins and notes. In

this

Linking Words

essay

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,essay

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we shall discuss

about

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apply

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the positive and negative impacts of

this

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development. On one hand,the mushroom growth in the usage of transaction through chip

cards

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have many benefits on the customer part.

Firstly

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, it is very convenient for the buyer as there is no need for

bulk

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a bulk

the bulk

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fund to be carried all the time. If an individual has to pay a handsome deposit for hospital charges,

for instance

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, he can easily make a transaction through his

card

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Secondly

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, it is a time-saving method for huge bills and big investments. Illustrating

this

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, one can do online shopping through bank

cards

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and there is no need to go and clear the bill physically.

This

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makes the transactions accessible and time-friendly.

On the other hand

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this

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approach has had many downsides for the customers. The

first

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and foremost drawback is online fraud of cash through hacking of

card

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pin codes. Many instances are there

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apply

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when capital has been forged through bank

card

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money transfers. Other than that, lack of knowledge about the usage of these

cards

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is a great hindrance for the old generation. To cite an example, an aged person is unaware of the complex procedure of using these

card

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As a result

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, online theft and inability to use can add to the negative aspects of bank

cards

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. In conclusion, it can be said that

this

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trend has many positive and negative developments. In my opinion, one should take into consideration both the pros and cons of using credit and debit

cards

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in place of coins and physical money.

Submitted by kk1710015 on Mon May 03 2021

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7
Linking words
meeting the goal of 7 or more
2
Word repetition
meeting the goal of 3 or fewer
5
Grammar mistakes
detected issues

0123456789.0505

Overall Band Score

Coherence and Cohesion: 9.0

Logical structure

Introduction & conclusion present

Supported main points

Accurate linking words

Variety in linking words

Lexical resource: 5.0

Varied vocabulary

Accurate spelling & word formation

Grammatical Range: 5.0

Mix of complex & simple sentences

Clear and correct grammar

Task Achievement: 9.0

Complete response

Clear & comprehensive ideas

Relevant & specific examples

Appropriate word count

4 paragraphs

293 words

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