In many countries, paying for things using mobile app is becoming increasingly common. Does this development are having more advantages or disadvantages?

In the advanced pace world, online transactions by smartphones are boomed up gradually. Some people think
this
practice brings about a mixed bag of boon and bane,merits overshine demerits. Commencing with the most prominent reason that why mobile
payment
is more beneficial for society.
First
and foremost,not only does it saves the leisure time of citizens, but
also
it is very for busy pupils to purchase products for their family.
However
, it
also
reduces the crime rates owing to individuals do not borrow cash outside with them,they pay online by
payment
apps. To vindicate, Google pays
payment
AAP which is more reliable and directly linked to the bank account. It is easily available at all shops in the market.
Hence
, most crowds move towards paying by their cell phones.
Nevertheless
,there are various detrimental ramifications. There is a major problem for individuals when they share any information of bank account or OTP text which is a big threat of digital robbery by hackers.
Furthermore
, network issues in remote areas are the main cause for mankind at the time of online
payment
.
Thus
, Banks
also
charge penalties on large transactions. In the conclusion,
although
, online
payment
using smartphones is more advantageous for the community, time-saving and easy to use yet, it has some drawbacks
such
as digital robbery and scams by scammers online.
Submitted by naresh on

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