in many countries paying for things using mobile phones (cell phone ) apps is becoming increasingly common .Does this development have more advantages or disadvantages ?

We live in an age when many
people
use mobile
apps
for paying
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for some
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some
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apply
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things and day by day
this
payment method love than yesterday so recently, using mobile phone
apps
for paying has
been
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dramatically increased. From my point of view, I believe the advantages far outweigh the disadvantages. First and foremost, In the modern age where we live , Mobile banking has been developing rapidly and these developments have many benefits. Life is much easier thanks to cell phone
apps
humans can send
money
to their friends and
this
will be
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done quickly
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quickly
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quick
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. In
this
,
way
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the way
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they gain time and with
this
time that they gain
people
can do different things.
Moreover
, mobile banking
apps
have many good features
for example
human beings can follow their own
money
occasionally In the
apps
,
apps
show their incomes and fees.
Secondly
, when it comes to security,
apps
are the most secure way. Banks and countries work with a variety of scientists, experts, and engineers
therefore
these global companies and governments have many security systems for
apps
about
money
and these systems deter should deter thieves.
In addition
, banks always improve their system
hence
bad
people
never stole
money
from
apps
. In conclusion, mobile
apps
for payment methods have many advantages and
have
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many good effects on our lives. For ,instance more secure than other ways and
apps
can make life easier.
Besides
we can manage our
money
because
apps
show us many graphs about our salary and payments. I personally believe that
people
have to use these
apps
.
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Topic Vocabulary:
  • Mobile payments
  • Biometric authentication
  • Transaction costs
  • Budgeting
  • Technological barriers
  • Privacy concerns
  • Data breaches
  • Identity theft
  • Over-reliance
  • Market fragmentation
  • Competing payment apps
  • Financial inclusion
  • Security features
  • User convenience
  • Cashless transactions
  • Digital wallet
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