Write about the following topic: 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.

A section of society holds a belief that cashless transaction has gained a lot of popularity among folks these days as compared to

cash

transaction. In my opinion, there are demerits and merits of utilizing

this

kind of platform. On the one hand, there is a significant rise tend in purchasing international items recently, most of which require the customers to purchase their items using a card rather than

cash

as it is easier compared to other

transactions

.

For instance

, I used to purchase shoes online using my MasterCard.

Furthermore

, there is a limitation of

transactions

for a certain period by using the card

payment

method

.

Thus

, it will not allow people to overspend their money, which is one of the best features of

this

kind of

method

.

On the other hand

, the card

payment

method

is not as safe as people think, albeit some opine that

cash

is more menacing.

For instance

, there is a quiet number of scam cases that happen correlated to

this

payment

method

.

In addition

,

this

type of transaction is not always error-free chiefly when making an online

payment

, as a consequence, people will not get a refund due to that small problem.

Hence

, the public is encouraged to always bring along some

cash

with them whenever they want to go out. In conclusion,

although

the cashless

method

is utilitarian for the users, some

transactions

still need to use

cash

in order to buy something. I think society needs to change its low-class mindset, thinking that cashless

transactions

have a multitude of drawbacks.