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 mobile phones. Do you think this will happen one day? Why do you think some people might not be happy to give up using cash?

Today’s
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In today’s
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modern society, many
people
choose to purchase items without using currency rather than make payments through digital
applications
and different types of bank
cards
such
as credit and debit
cards
. In
this
essay, I will discuss
further
processes
about
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for
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digital payments in the near future and a few reasons why some
people
might not be happy about
this
change.
To begin
with
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,with
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new technology, software development reaches the top gradually day by day. Simple processes like writing letters to complex tasks
such
as surgeries,
technology
Correct word choice
and technology
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is
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are
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being implemented. The new generation
also
catches
this
high tech as they can do better than the old adults.
For example
, online banking
applications
introduced by banks are mostly used by youngsters.
Due to
their busy lifestyle, young
people
kept their time using these apps without wasting time in public queues in banks.
Furthermore
, 70% of citizens use their bank
cards
to purchase things when shopping. In the recent past, mobile apps were developed in a way that they are able to pay via the QR code.
Therefore
, the trend for using digital money is increasing and being adopted by the
overall
global population.
On the other hand
, a few communities of old
people
are not going
along with
the fast technology.
For example
, in Myanmar, many elders do not trust bank
cards
and they use very basic mobile phones without complex mobile
applications
due to
a lack of knowledge.
As a result
,
usually
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,usually
show examples
they try to keep the cash with them for any purpose.
Thus
, some
people
are not going to put away their habit of using physical currency in hand. In conclusion,
although
one day the payment would be done electronically, the
applications
can still be designed for society who are unhappy about
this
development to manage their cash the same as the previous time.
However
, the majority of the world population will be converted to only alternate channels.
Submitted by shooneaindraykhin 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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