In many countries, paying for things using mobile phone ap is becoming increasingly common thus this development more advantages or disadvantage.

In today's interconnected society, it is a prevailing proposition that in many countries people use
the
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apply
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online wallets,
instead
of cash
due to
developed technologies.
Although
,
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apply
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this
trend
have
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has
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various advantages and disadvantages, I wholeheartedly believe, the merits of
this
phenomenon outweigh the drawbacks. There are several benefits of paying for things using mobile phone
ap
Correct your spelling
apps
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.
Firstly
,
the
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apply
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online payments are convenient and transactions are faster. Mobile cards simplify the process of buying and selling by allowing instant transfers with just a few taps.
Moreover
,
this
development leads to
reduction
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a reduction
show examples
of cash
money
,
consequently
, the number of
theft
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thefts
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and
loss
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losses
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have
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has
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declined.
Furthermore
, nowadays
due to
mobile apps people can easily transfer
money
to long distances. As an example, parents send
money
to their children, who study in another country.
In addition
, via online
payments
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payments,
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individuals may receive
the
Correct article usage
a
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minor part of their
money
back.
For instance
, some banks in Azerbaijan offer beneficial
cash back
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cash-back
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opportunities for users.
On the other hand
, there are numerous drawbacks
of
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to
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this
development. In some cases, mobile apps have security problems,
nevertheless
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nevertheless,
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the security of these apps relies on
government
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the government
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.
For example
, in Azerbaijan were some hacking complications with
m10
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the m10
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app,
therefore
app lost the trust of applicants. Perhaps another key consideration is
charge
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the charge
show examples
issue in phones. As soon as
,
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apply
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people's phone is disconnected or dead, they will not be able to pay. In conclusion, there are several merits and negative effects of online payments, meanwhile, from my point of view the advantages outweigh the drawbacks
due to
convenience and speed of transactions.
Submitted by hebibli.eli on

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Topic Vocabulary:
  • Mobile payment apps
  • Transactions
  • Digital wallet
  • Cashless society
  • Financial inclusion
  • NFC (Near Field Communication)
  • QR code
  • E-wallet
  • Cryptocurrency
  • Biometric authentication
  • Two-factor authentication
  • Cybersecurity
  • Data encryption
  • Contactless payment
  • Financial literacy
  • Digital divide
  • Impulse spending
  • Tech-savvy consumers
  • Data privacy
  • Digital footprint
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