In the future, people may no longer be able to pay for things in shops using cash. All payments may have to be made by card or using phones. Do you think this will happen one day? why do you thinks some people might not be happy to give up using Cash?

Payment
methods are increasing day by day. In the upcoming days,
people
would love to pay for their purchases using cards or smartphones. I believe that
this
improvement has positive impacts on our society, which will be discussed in the following paragraphs.
To begin
with, technology is getting even better than ever before and an online
payment
system is the most suitable example of it. To elucidate, there are numerous huge industries and retail business companies who are already working on it, in fact, they already have adopted those methods for almost a decade now. Most
people
like to pay their
bills
by card or smartphone rather than carrying out a bundle of
cash
.
Additionally
, carrying
cash
to buy small amounts of things is not a big problem but if a person is purchasing something extremely expensive
then
he needs to carry more
cash
, perhaps several bundles of
cash
which are not under safety measures.
Therefore
, in the near future, more citizens will use cards and online
payment
systems to be modernized.
Moreover
, a person who is not aware of the advancement of online
payment
might still insist to carry out
cash
with him.
For example
, some study shows that a huge number of
people
still enjoy carrying
cash
with them
while
going shopping. They mentioned that purchasing things and paying by
cash
can emotionally connect them since they can feel how much money they are spending and will help to manage their budgets for the future but if a person who is paying
bills
by card or smartphone can never be connected emotionally since you are not touching the
cash
instead
just receiving an OTP and paying it.
Thus
, still, some
people
will enjoy paying their
bills
in
cash
.
To conclude
, the online
payment
system has become extremely suitable for almost each and every industry and business, which allows
people
to pay their
bills
instantly with hassle-free. In
this
way, we together can contribute to building a digital world.
Submitted by Shiba Kc on

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Topic Vocabulary:
  • digital payments
  • convenient
  • efficiency
  • reduce crime
  • tangibility
  • privacy
  • limited access to technology
  • job losses
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