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?

In recent years, the rapid developments of using plastic
money
,
such
as
credit
and
debit
cards
appear more famous than printed
money
and coins. According to the occurrence, the benefit that may transpire is lead to a more efficient transaction,
although
the drawback will absolutely emerge like less of security system, which is I will elucidate in
this
essay. In the modern era, sophisticated technologies and novel systems were discovered to assist people in financial purposes, which is accessible and more efficient for trading and transaction. Utilizing
credit
and
debit
cards
appears advantageous, which is beneficial in transferring
money
or purchasing stuff without conveying the amount of
money
. The real evidence by the Economy Research Institute revealed that around 80% of people worldwide
Wrong verb form
apply
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applying
Add the preposition
forapplying
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credit
and
debit
cards
as the alteration of cash
money
,
then
the variables that support
this
research are people felt easy to use, helpful, and convenient.
Therefore
, in terms of flexibility, convenience and accessibility, altering the cash
money
into
cards
may rise significant popularity.
On the other hand
,
credit
and
debit
cards
often render negative impacts,
such
as lack of security
then
leads to committing the crime. To illustrate, the Indonesian police had a plethora of reports due to the financial
cards
accident. There is roughly 35% of the Indonesian community experienced losing their
money
by hackers accessing the number of
cards
. As a consequence, it is effortless for the hackers to collect the amount of
money
and use it for several transactions without any confirmation protection system. In summary,
although
the popularity of applying
credit
and
debit
cards
is increased, the positive and negative impacts will be transpired as the aforementioned explanation.

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Use cohesive linking words accurately and appropriately

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  • firstly
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  • thirdly
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  • also
  • for example
  • for instance
  • therefore
  • however
  • although
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  • despite

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