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.

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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
Add an article
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
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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
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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
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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
show examples
, many
of
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apply
show examples
beneficial functions are in online
payment
method
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methods
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which
easy
Add a missing verb
are easy
show examples
and fast for
the
Correct article usage
apply
show examples
society .
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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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