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

As technology progresses, it has been increasingly more common to purchase items through mobile apps as opposed to using physical
money
in some nations. From my perspective,
although
there are certain issues regarding
this
innovation, the merits rather outweigh the demerits. On the one hand, being approved as the orthodox measurement of exchanging values, physical
money
has been used for hundreds of years with utter trust from payers. It is,
therefore
, arduous for digital companies to persuade individuals to switch to virtual payments. Not only will
this
manipulate the already stable economy, but it will
also
devalue
money
as there are too many currencies. A shred of evidence comes from several poor countries in Africa that had been exposed to digital
money
not long ago. They eventually witnessed economic corruption as the result of the asymmetry between digital
money
and physical ones.
On the other hand
, while physical
money
can become a target for thieves, with the superior security that mobile apps offer, bank accounts are impenetrable for those who do not have access to the passwords.
Consequently
,
this
way of exchanging values guarantees safety for users.
Furthermore
, in comparison with physical
money
, one only has to carry a smartphone in order to conduct a payment, not to mention the simplicity of
maneuverability
Change the spelling
manoeuvrability
show examples
when it comes to buying items. In Vietnam,
for example
, many people, who have installed an online paying app, said that they have seen better reliability and that it has saved them time. In conclusion, digital
money
as a surrogate for physical ones has the probability of disrupting the economy.
However
, given that positive ramifications take precedence over deleterious implications, I strongly believe that paying for items using mobile apps carries more advantages than disadvantages.
Submitted by diepcdn on

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