What are the advantages and disadvantages of a cashless society

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Nowadays,

bank issued

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bank-issued

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cards

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such

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as debit

cards

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and

credit

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cards

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plays

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play

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a crucial role in our society and in our economy by enabling

cashless

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payments as they eliminate the need to carry

cash

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in the wallet. They

also

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protect the users from being robbed.

However

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, a

cashless

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society is not ideal. It

also

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has its own defects because no amount of

cashless

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payment

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can totally replace

the

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apply

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cash

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as some currency will always be in circulation at all times. In

this

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essay, both merits and demerits are discussed. For the advantages, they can increase the overall purchases of the people.

Credit

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cards

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provide a specific sum of

loan

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loans

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to the individual from the bank.

Therefore

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, if you do not have3

cash

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in your wallet you can purchase anything.

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Cashless

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The cashless

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method

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increases the purchasing power of the

person

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However

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, it is a double-edged sword. It can be bad or good depending upon the habit of a

person

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Credit

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cards

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are

also

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helpful in emergency situations

such

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as medical bills, pharmacy bills etc. For eg. in a medical emergency like an accident if a

person

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does not have

large

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a large

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sum of money in the wallet

then

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he/she can use

the

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show examples

credit

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card for

payment

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. Since all the transactions are recorded, it allows people to track their

expenditure

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expenditures

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Although

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apply

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online

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the online

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payment

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method

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has numerous pros, it

also

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has

few

Correct article usage

a few

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cons as well. Excess expenditure is one of the main

demerit

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demerits

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of online

payment

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method

Fix the agreement mistake

methods

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. As we all know, humans have a habit of spending

Correct your spelling

a lot

alot

Correct your spelling

a lot

of money than they can earn because they have

lot

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a lot

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of money

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their

cards

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. For eg., in a recent report, scientists

has

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have

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concluded that people spend more via

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bank-issued

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bank issued

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bank-issued

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cards

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as compared to

the

Correct article usage

apply

show examples

cash

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Credit

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catrds

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cards

also

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have

high interest

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high-interest

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rates.

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Also

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,Also

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credit

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cards

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comes

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come

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with

monthly

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a monthly

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bill, if a

person

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does not pay the bill on time, they must pay penalty.

Furthermore

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cards

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can be misused by anyone if they are lost.

The online

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Online

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payments

comes

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come

show examples

with their own benefits and drawbacks. It is not exactly a realistic idea because of their technical glitches.

However

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, we can reduce the amount of

cash

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in circulation by promoting the

cashless

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process.

It's

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all

depend

Correct subject-verb agreement

depends

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on how we use the

method

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poonam.tushir0099Mon Aug 08 2022

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Support ideas with relevant, specific examples

Examples make your writing easier to understand by illustrating points more effectively.

Examples, if used properly, not only help you get higher marks for ‘Task Response’ but also for ‘Coherence’.

When giving examples it is best to put them after your main idea or topic sentence. They can be used in the middle of supporting sentences or they can be used to start a new sentence. There is no rule for where exactly to give examples in essays, logically they would come after your main idea/topic sentence or just after a supporting sentence.

Linking words for giving examples:

for example
for instance
to illustrate this
to give a clear example
such as
namely
to illustrate
take, for example

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8
Linking words
meeting the goal of 7 or more
7
Word repetition
meeting the goal of 3 or fewer
30
Grammar mistakes
detected issues

0123456789.0505

Overall Band Score

Coherence and Cohesion: 4.0

Logical structure

Introduction & conclusion present

Supported main points

Accurate linking words

Variety in linking words

Lexical resource: 4.0

Varied vocabulary

Accurate spelling & word formation

Grammatical Range: 4.0

Mix of complex & simple sentences

Clear and correct grammar

Task Achievement: 4.0

Complete response

7.5

Clear & comprehensive ideas

Relevant & specific examples

Appropriate word count

5 paragraphs

374 words

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What are the advantages and disadvantages of a cashless society

Support ideas with relevant, specific examples

In some parts of the world, people have become more focused on themselves than their communities. What problems can this situation cause and how can they be solved?

Do you agree or disagree with this statement? Thebest way to truly relax and reduce stress is to spend time alone. Use specific reasons and examples to support your answer.

Popular events like the football World Cup and other international sporting occasions are essential in easing international tensions and releasing patriotic emotions in a safe To what extent do you agree or disagree with this opinion?

In their advertising, businesses nowadays usually emphasise that their products are new in some way. Why is this? Do you think it is a positive or negative development?

more students study abroad to learn new things today do you think the advantages outweigh the disadvantages？ is it positive or negative？ agree or disagree to what extent do you agree or disagree？