In many countries, there is an increasing trend in using mobile phone apps for payment purpose instead of old way of cash handling. What is your opinion. Explain with examples.

Many developed countries witnessed that online
payment
should be encouraged by the government and it is an easy way to make payments anywhere without visiting banks .
While
,
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apply
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many ask if it is beneficial but some are satisfied or addicted to old modes of bank
payment
. Application
payment
is convenient and easy
of
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for
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society
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the society
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i
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I
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discuss in my essay. First and foremost, application transfers are more widely spread in society
this
trend is beneficial for
the
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apply
show examples
populated areas . Because
,
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apply
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in
past
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the past
show examples
people have to go
ATMs
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to ATMs
show examples
and banks for
small
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a small
show examples
payment
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payments
show examples
. Now with
this
trend
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,trend
show examples
they should
be
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apply
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easily interchange money with others. For , example ,
the
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a
show examples
recent survey
shown
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showed
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that banks work more fast and
attentive
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attentively
show examples
Due to
online
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the online
show examples
platform of banking .
Secondly
, people can get a quick money transfer from overseas with
this
they do not wait for
long
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a long
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time.
Thus
, it saves precious time and
postive
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positive
aspects for the youth. Moving
further
, it is undeniable that,
this
trend
have
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has
show examples
a
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apply
show examples
only and only benefits for human mankind.
Therefore
, other more option on it like
QR
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a QR
show examples
code which is one click
payment
whereas
uneducated people make
also
a
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apply
show examples
payment
through it. Not only it is known for
their
Correct pronoun usage
its
show examples
reliable
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reliability
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but
also
it is more
secured
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secure
show examples
than
banking
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the banking
show examples
system. They provide strong fingerprint
password
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passwords
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and face recognition so no one can
misuses
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misuse
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it
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them
show examples
.
However
,
old
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the old
show examples
method is useful for
old
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the old
show examples
population Because they do not
easy
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easily
show examples
get
together with
new regards. For , instance,
government
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the government
show examples
have to continue their old services for older ones . In conclusion, technology
gaves
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gives
a new ideology for
payment
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the payment
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method
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methods
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as
it
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which
show examples
is vital in
this
modern era ,
However
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however
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, many
of
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apply
show examples
beneficial functions are in online
payment
method
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methods
show examples
which
easy
Add a missing verb
are easy
show examples
and fast for
the
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apply
show examples
society .
Submitted by Jimmydehal090 on

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Topic Vocabulary:
  • Digital wallet
  • Cryptocurrency
  • Cashless society
  • Mobile banking
  • Contactless payment
  • Financial literacy
  • Cybersecurity
  • Transaction fees
  • Near Field Communication (NFC)
  • Peer-to-peer (P2P) transfer
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