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

In

this

era, paying digitally has become a more prominent way of spending money.

While

it might seem that

this

invention has only been distinguished for only a handful amount of time, the more utilized programs like "Apple pay" have been around for almost a decade. Using your phone to make a purchase has many merits,

however

, the demerits still can’t be ignored. First of all, making a transaction using your cell phone gets rid of the requirement of carrying your wallet anywhere you go.

Furthermore

, the process of buying the products that are essential appears to be much faster and more satisfying than before, especially after you could make payments with smartwatches as well. To give an illustration, any time you are obligated to pay, rather than going through all of the unnecessary steps to pay for your groceries, you just swipe your cell phone and finish the job in a matter of seconds. Second of all,

while

these advantages do make a significant difference in the world of payment, some of the disadvantages can’t be forgotten.

For instance

,

this

year there has been a plethora of occasions where individuals who used their mobile phones to give money for something digitally, their private data got hacked and stolen.

Moreover

,

this

issue has become a serious problem in specific countries like the United States and China for the reason of these countries use these services the most,

therefore

having a larger amount of citizens getting hacked.

To conclude

this

essay, transactions gone through with smartphones are the future of remittance and the ups outweigh the downs.