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

In the modern era, a wide range of society uses the Internet and their mobile phones in order to conduct
businesses
Fix the agreement mistake
business
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and transmit
money
to friends, household members and businesses. From my perspective,
this
new technology has a lot of advantages to enhance each individual’s quality of life. On the one hand, transferring
money
via the Internet is so convenient that they can deal with numerous problems in daily life. In the past, if people wanted to transfer
money
to someone, they had to spend a great amount of time going to the banks and doing various receipts to be able to transfer
money
for someone. Nowadays, due to the convenience of useful applications, they can transfer everywhere
in
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at
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every time they need for several purposes.
Moreover
, these systems
also
allow them to keep
its
Correct pronoun usage
their
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own records easily after transferring
money
.
On the other hand
, people’s accounts could be put at risk due to the loopholes of these systems.
Therefore
, the lack of the elderly’s ignorance can lead to being easily duped by phishing emails or messages. Another negative impact is that each individual might face the situation that their private information will be leaked to the outside, which can be utilized by criminals for detrimental purposes like stealing
money
or
also
purchasing their information. @@ To conclude, each individual ought to keep calm and be cautious of potential fraud;
however
, online
money
transfers are a beneficial technological advancement.
Submitted by beolaho on

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