Introduction
In recent years, paying for a service using cashless means is becoming popular. In my perception, I believe the merits preponderate the drawbacks of
this
trend.
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Body · 1
On the one hand, paying using a handset is safe. Carrying cash in a wallet is not safe because of the risk of losing wealth to pickpocket thieves.
Hence
, digital commerce Linking Words
prevent
the loss of wealth by enabling the community to pay for services using bank transfers. Change the verb form
prevents
For example
, a Johannesburg based researcher conducted research that proved that the public carrying funds Linking Words
was
more at risk of being hijacked. Change the verb form
were
Therefore
, cashless commerce Linking Words
prevent
citizens from losing property. Change the verb form
prevents
Furthermore
, paying via a gadget is convenient. Linking Words
This
is because folk can purchase a service in the comfort of their homes anywhere around the world without having to travel. Linking Words
Also
, it can be done at any time. Linking Words
Hence
, making life easy.
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Body · 2
On the other hand
, some often argue saying, Internet-based transactions are prone to cybercrimes. The internet is unregulated, meaning the community with ill intentions can intercept the bill transfer and divert it to their accounts. Linking Words
In addition
, these scammers can access a person's banking details and access the account. Linking Words
For example
, in 2019, the Federal Bureau of Linking Words
the
investigation was investigating a Nigerian corn artist who used to duplicate transaction emails and insert his banking details in order to steal cash. Correct article usage
apply
Thus
, the population using cyberbanking is vulnerable to Internet fraud.
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Conclusion
In conclusion, both sides have merits in balance.
However
, in my opinion, I believe cashless transactions shield society from being attacked by armed robbers, are convenient and reduce the cost that comes with travelling to purchase products.Linking Words