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

#people #internet #smartphones #transfer #money #friends #businesses #development
It cannot be denied that handling financial matters has become more convenient for people today. Even they have started to send
money
 for their personal affairs
as well as
 for their work through the Internet and mobile phones. Indeed,
this
 is a positive improvement for the general public as
this
 method is fast and safe. It has been suggested that banking online can help individuals save a lot of time. It is common knowledge that the introduction of online services with regard to managing
one
's income or budget has enabled everyone to actually sit at home and transfer
money
 to other accounts, let it be to friends or business partners, with few clicks on a mobile device connected to the internet. It is obviously a faster way to send
money
 compared to the traditional
one
, which requires the sender to commute to banks, wait in queues and waste at least
one
 hour of his busy schedule. Case in point, most employed men and women find
this
 beneficial
due to
 the fact they can lend
money
 to their family members in a remote location instantly. In the same way, many people have claimed that the rise of
this
 trend is because it guarantees safety on many fronts.
In other words
, first of all, it is not a good idea to bring or take a large amount of cash to or from the bank in person as
one
 may fall victim to a street robbery. To avoid
such
 scenarios, anyone can use their smartphones and certain apps to transfer their
money
 without worrying about anything. Especially in terms of massive transactions, sending the
money
 to somebody's car directly will prevent many hurdles, namely unnecessary paperwork and attention from strangers. Not only companies doing business but
also
 foreign students receiving their monthly coverage from their home country can feel safe with
this
 revolutionary method, which is a good example. In
this
 day and age, the internet and phones are used to transfer
money
 between folks for numerous purposes. It can be concluded that it is a positive development for the world, thanks to the convenience it offers.
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