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. Give reasons for your answer and include any relevant examples from your own knowledge or experience.
In
this
era of modernisation, various forms of Linking Words
cards
are widely accepted to pay the amount and the use is way higher than that of cash. Use synonyms
This
essay will elaborate on the pros and cons of Linking Words
this
Linking Words
such
as, convenience and feasibility Linking Words
is
more as far as Change the verb form
are
cards
are concerned but safety is always a concern behind them.
to commence with, the Use synonyms
first
and foremost benefit of Linking Words
plastic
Use synonyms
money
is that they are super handy, no need to carry the coins which make the vallet heavy. Use synonyms
In other words
, it is incredibly useful for Linking Words
people
as they just need to carry a card and everything is set and done. Use synonyms
In contrast
to Linking Words
this
, carrying hash is a bit difficult task when it comes to shopping for valuable items which have hefty prices. Linking Words
For instance
, according to a report published by The Times of India, in March 2020, 65% of Linking Words
people
found more comfort in paying by debit or credit Use synonyms
cards
. 80% of Use synonyms
people
reported mishaps and trouble with handling cash during their travel.
Use synonyms
Secondly
, when it comes to safety, Linking Words
plastic
Use synonyms
money
is not at all considered safe because there is always a chance that the password can be stolen or the card can be hacked which puts Use synonyms
people
's entire bank balance at stake. Banknotes are rather safe to carry and even if they are subjected to theft, the individual may lose only that much amount and the rest of the savings will be treasured. To exemplify, according to the survey conducted by The Cyber Crime Department in India, 60% of Use synonyms
people
reported cases of theft and hacking of their Use synonyms
plastic
Use synonyms
money
. Use synonyms
This
elucidates that Linking Words
cards
are not very safe to use.
In conclusion, Use synonyms
Although
Linking Words
plastic
Use synonyms
money
is super convenient to use, Use synonyms
people
must take care of the safety and carefulness while handling them.Use synonyms
Submitted by drvaishalikhare on
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