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

In
this
modern era, the
usages
Fix the agreement mistake
usage
show examples
of online
money
transfer
Fix the agreement mistake
transfers
show examples
is increasing with leaps and bounds . But many people claim that it is beneficial while others reject
this
notion. In my, opinion
this
concept has some advantages and disadvantages at
the
Correct article usage
apply
show examples
same time. I strongly believe that the position of online
money
transfer
Fix the agreement mistake
transfers
show examples
appears to be more rational. In
this
, essay we will
further
elaborate on the positive and negative effects of
this
trend and
thus
will lead to a logical conclusion. There are myriads of reasons which will
further
explain
this
argument. Yet, the
most
Correct quantifier usage
apply
show examples
chief fact is that it is
time saving
Add a hyphen
time-saving
show examples
method. One clear example is that pupils who live in another country send online
money
to
her
Correct pronoun usage
their
show examples
family owing to pay bills and taxes.
However
, in ancient times,
money
sent
Add a missing verb
was sent
show examples
to
person
Add an article
the person
a person
show examples
with the help of
bank
Add an article
a bank
the bank
show examples
.
However
, it is controversial and challenging because numerous types of documents
such
as Identity Card and password is required by the bank. Another pivotal aspect is that the population send
money
anytime.
Although
,
this
is not possible in the past due to
bank
Correct article usage
the bank
show examples
Add a missing verb
being open
show examples
open
Replace the word
opening
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only
9
Change preposition
from 9
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am to 5 pm. Moving
further
, it is pertinent to mention that no charges
consumed
Add a missing verb
are consumed
show examples
by the online method and it is efficient and fascinating. A survey conducted by the prestigious university Oxford revealed that in
the
Change the article
apply
show examples
2022,
majority
Correct article usage
the majority
show examples
of individuals choose online
money
transfer
rather than
others method
Fix the agreement mistake
other methods
show examples
such
as banks, and, firms.
However
, there are some pitfalls that negate these arguments which can certainly overwhelm the potential influence of
this
trend.
Although
, the most alarming one is that online
money
fraud is
also
increasing with leaps and bounds. For, instance a report published by the
cyber crime
Correct your spelling
cybercrime
show examples
branch depicts that 75 per cent
money
Change preposition
of money
show examples
frauds rising in the
last
five years.
Besides
,
no
Correct article usage
the no
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money
refund option is the major drawback of
this
notion individuals
feels
Correct subject-verb agreement
feel
show examples
paranoid sometimes.
Moreover
, hackers
also
concealed data numerous
time
Fix the agreement mistake
times
show examples
from
the
Correct article usage
apply
show examples
online application. The article published in the eminent newspaper depicts that 5
billions
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billion
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dollars
looted
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were looted
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by
the
Correct article usage
apply
show examples
hackers
in
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apply
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last
year's
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year
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while using online
money
transfer
application
Fix the agreement mistake
applications
show examples
. In
conclude
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conclusion
show examples
, according to the argument aforementioned above, one can reach the conclusion, that the perks of the online application are instrumental indeed. The potential drawbacks should not be overlooked either.
Submitted by naffey07 on

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Word Count

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A very long essay will not give you a higher band score.

Aim for between 260 to 290 words in writing task 2. This will ensure a concise essay and will be realistic in terms of time management. You have only 40 minutes to write the essay and you need around 10 minutes of planning time, so you will not be able to write a long essay in 30 minutes.

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