Today, many people use the internet and smart phones to transfer money to friends, family and businesss. Is this a positive or negative development?
Nowadays, a lot of
people
use the internet and smartphones when they want to transfer
money
to friends, and businesses. In my opinion, this
is a positive development because people
can receive their money
fast , and it is a safe way.
Firstly
, when people
use online banking, they can transfer
their money
within a short time. In other words
, by having banking apps, people
can transfer
money
at any time they want and their family or friends can receive it within minutes. For example
, Yemeni students who live in a foreign country, such
as Malaysia can receive money
immediately from their parents through online banking that is
available in this
country, namely Ambank or Public Bank. Thus
, this
will benefit people
who need money
urgently.
Secondly
, people
who transfer
their money
by using the internet will feel safe. That is
to say, they will not be worried about going to the bank late at night if there is an emergency. This
is because in some places, there are many thieves at night and they may steal people
, especially in the bank area. For instance
, if people
want to transfer
a huge amount of money
to their friends, they can do it in a safe way by being at home with their phones. Therefore
, online banking can reduce the crime rate and definitely help people
not to be in trouble.
In conclusion, in my opinion, when people
transfer
money
online, they can gain several benefits, so this
is definitely a positive development. If anyone wants to send money
in a fast and safe way, online banking is the answer.Submitted by s_syedy on
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