Today, many people use the internet and smartphones to transfer money to friends, family, and businesses. Is this a positive or negative development?

In today’s modern world, lots of people
transfer
their
money
for trading, job or family with their phone and network connection, which I see as a benefit for our society and in
this
essay I discussed two of my reasons.
To begin
with, there are many banks in our world and each person is using one of them the problem is we can not expect our
bank
to be everywhere we need because it is impossible.
Therefore
, we can not spend
time
and
money
transfers to the
bank
every
time
, especially when they are far from us.
For example
, I want to do business in a foreign country and my
bank
does not have any branches there, in
this
situation online banking will help me can
transfer
my
money
with only an internet connection because reaching the
bank
in person is impossible for me at that
time
.
In addition
, using electronic
transfer
can let us do it every
time
of the day and year even on weekends.
Thus
, we should not be worried about
bank
working times or any holiday closings.
For instance
, tonight is Christmas and my son needs
money
to reach home, but it is 11 o’clock and every
bank
is closed for an hour.
However
, the internet does not have a closing
time
which I can use anytime I want.
As a result
,
this
technology can give me
this
access to
transfer
my
money
any
time
of the year, even on holidays. To conclude, the internet makes our life easier by giving us the ability to
transfer
and do online banking without going to the
bank
or being worried about the
bank
’s working
time
which in my opinion, is really beneficial for every human.
Submitted by jaberi.mahyar on

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