Today, many people use the internet and smartphones to transfer money to friends, family and businesses. Is this a positive or negative development?

It is common these days that the transfer of

money

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to anyone can be done

by

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with

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the help of the

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internet

Capitalize word

Internet

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. As far as I am concerned,

this

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development can be positive in some aspects and negative in others, the reasons

of

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for

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which will be discussed in the following paragraphs. On the one hand, accessing the

internet

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is very easy nowadays and

this

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can highly affect the amount of effort and time

any body

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anybody

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should put in order to transfer

money

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.

This

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is because

,

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apply

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being able to track

youraccount

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your account

by

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on

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your smartphone

any

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at any

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time of the day is a

real time

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real-time

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saver. By way of example, individuals prefer to connect to the

internet

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and manage their bank accounts and savings easily

while

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having breakfast rather than getting stuck in traffic or

wait

Wrong verb form

waiting

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in a long line of customers just to transfer an amount of

money

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each week or even on

daily

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a daily

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bases

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basis

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.

On the other hand

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, technology and the use of electronic devices can be hard for some people like the older generation

which

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who

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are less used to using gadgets and

this

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update of the

money

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transferring system can contribute to confusion for them.

In addition

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to

this

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, new methods of scams are produced by thieves that can trigger mostly

the

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apply

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costumers

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customers

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of

certain

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a certain

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age

which

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who

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are less likely to notice details when they use the

internet

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. In conclusion,

according to

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what has been discussed in the above paragraphs, there are many positive sides

into

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to

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using the

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internet

Capitalize word

Internet

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as your banking assistant,

nonetheless

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, there are

also

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some negative effects to

this

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trend that can lead people to confusion or in some cases they could be a target of scandals and

this

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means that they may need more protection in their online activities.