Nowadays plastic money replacements such as credit and debit cards are extremely popular, even more than banknotes and coins. Discuss the advantages and disadvantages of this.
As the world is revolutionising, modes of payment are
also
changing, the concept of paper money and coins is now being replaced by bank cards, which definitely seem convenient to people. Linking Words
This
essay will discuss the pros and cons of Linking Words
this
advancement in the modern age.
On the Linking Words
one
hand, using cards has numerous benefits. Use synonyms
For instance
, if someone is caught in a robbery, or loses his wallet, he does not have to worry about losing his wage, by just making Linking Words
one
call the account can be deactivated and the money is secure which would not have been possible if the physical cash had been stolen. Use synonyms
In other words
, it is more convenient to use plastic bills as it saves people in turbulent incidents like theft, misplacing, and burglary. Linking Words
Additionally
, using credit cards gives you the opportunity to make extra funds in points whenever you make a purchase, these points can Linking Words
then
be used in buying air tickets, and hotel bookings. Linking Words
As a result
, it is a lot more profitable to use Linking Words
this
mode of payment for goods.
Linking Words
On the other hand
, Linking Words
one
of the biggest drawbacks of using a flip card system is scamming. Use synonyms
For example
, if you make an order online, and that website is somehow a scam, with just a single click you can end up losing all the money in the bank . Linking Words
In other words
, if not used vigilantly, it is like that you give someone access to your account, once that access is given they can easily take funds out of the account before you come to know about it to take any action.
In conclusion, technology is making our life simple, easy and secure. Linking Words
However
, with every ,innovation there are some loopholes as well, so Linking Words
one
must be conscious and aware of them to make informed decisions and act Use synonyms
accordingly
in case of need.Linking Words
Submitted by z.ghadia on
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