many countries, paying for things using mobile phone app is becoming increasingly common. Does these development have more advantages or disadvantages?

Nowadays, technology plays
an
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a
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predominant role in everyone's life.
Therefore
, various mobile applications are being used for different purposes and one of them is online banking which is very common in
this
modern world.
While
there are some drawbacks
but
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apply
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it has numerous pros which are very helpful for individuals and
this
essay will discuss both
advantages
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the advantages
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and disadvantages of
this
notion.  On the one hand, there has been always
risk
Add an article
the risk
a risk
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of hacking
the
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apply
show examples
online banking
app
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apps
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as
the
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apply
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cybercrime rates are rapidly increasing.
For instance
, offenders usually ask for authorization PIN from the users by using
the
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apply
show examples
similar sites as the official sites by which they hack or freeze the account and steal money from people's
account
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accounts
show examples
.
Moreover
, you need
an
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apply
show examples
internet access to use some
of
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apply
show examples
digital applications and several other problems
such
as low battery by which you are unable to pay for things.
On the other hand
, despite these
cons
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cons,
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there are enormous examples of benefits of e-payments which cannot be denied.
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The first
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First
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The first
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and foremost advantage is people do not
to
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have to
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carry
physical
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a physical
the physical
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cards
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card
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cards
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or cash with
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them
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themselves
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them
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and
not
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are not
show examples
affraid
Correct your spelling
afraid
to forget money or
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their wallet
show examples
Correct pronoun usage
their wallet
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wallet
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wallets
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.
Also
, individuals
on
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at
show examples
work or at home can order
prior
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apply
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by paying beforehand and no need to wait in queue for
long
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a long
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time and saves
thier
Correct your spelling
their
valuable time.
Furthermore
, many grocery stores and restaurants encourage
public
Add an article
the public
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to pay digitally and offer
discount
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discounts
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on various goods.
To conclude
, online payments have few drawbacks but have so many advantages
such
as
time saving
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time-saving
show examples
, more
convenient
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convenience
show examples
and essential.
This
approach is very useful for people and
this
technology is used widely over the world.
Submitted by komalpreetkaur813 on

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task achievement
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Topic Vocabulary:
  • Contactless transactions
  • Mobile wallet
  • Biometric authentication
  • Fraud prevention
  • Digital divide
  • Cybersecurity
  • Financial inclusion
  • Spending habits
  • E-wallet
  • Encryption
  • Digital literacy
  • Payment gateway
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