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In many countries paying things using mobile phone apps is becoming increasingly common. Does this development have more advantages or more disadvantages?

#countries #phone #apps #development
From the pre-history stone age up to now, humans use all potential tools and resources to make life easier and safer. Nowadays digital devices and online applications are part of
this
 old habit. Searching for an article to check the weather condition or finding a location seems much easier, faster, and safer by using online platforms. Among all these new digital age activities, online shopping is on top of the list. For the young generation leaving home without smartphones or devices seems impossible these days. Statistics show that online devices and smartphone penetration rates in all developed and underdevelopment countries increased sharply in recent years. Fintech and related automation improved purchasing experiences rapidly. From B2B to B2C process you can find so many examples of online methods. Now it is easy to find a wide range of online remittance applications under safe and trustable methodologies like blockchain.
for instance
 ,online and by-click reports for buyers and sellers, the possibility of set alarms or any customizable limits for family members like youngsters, and better personal expense management are only a few benefits of using financial technologies. Turning to the other side of using phones for online payments or even offline and in-shops by using QR code scanning or near-field communication- NFC- or any other wireless methodologies, is not shiny. Aligned with new payment methods’ popularity, new crimes have
also
 arisen. Fishing, online fraud, and hacker risks can always be there.
this
 happens because we need to learn more about these new procedures.we use fire, metal, steam, electricity and so many other inventions with all their potential danger and we learned how to control the risks of using them.
In other words
, fin-tech is getting more trustable and easier, and it seems that we are learning to minimize the disadvantages. Having looked at both sides, the pros of mobile payment certainly may outweigh the pros like fishing or hackers’ risks.
Submitted by farahmandi.ali on

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    • Sentence 3 - Thesis
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    • Sentence 2 - Example
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    • Sentence 2 - Example
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  • Paragraph 4 - Conclusion
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    • Sentence 3 - Prediction or recommendation

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