It is undeniable that cashless payments will become the main mode for transactions in purchasing goods and services in the future.
I strongly believe that
this
will happen one day because not only it reduce the operating costs of the shops but Linking Words
also
will help to reduce theft happening in stores. Linking Words
In other words
, having Linking Words
cash
in shops means, the management has to become extra cautious about protecting the safes and Use synonyms
cash
registers in the premises. Use synonyms
This
involves spending on security personnel and systems which usually takes 40% of the operations budget in a store. Linking Words
For example
, a pilot project has been initiated in a supermarket in Singapore, where they accept payment from cards and phones. Linking Words
This
has proven to be successful as they have managed to reduce the operating cost by 30% as well and no incidents of theft have been reported so far. Linking Words
Therefore
, it is highly predictable that Linking Words
this
will become a major trend in the future.
Linking Words
Although
Linking Words
this
might bring advantages to the owners, some individuals may get reluctant to give up using Linking Words
cash
Use synonyms
due to
various reasons. Linking Words
Firstly
, some may not trust the technology to solely depend on electronic or card transactions. Linking Words
In other words
, as all the financial information is exposed to the banks and financial institutions, people may feel that their privacy will be exposed. Linking Words
Secondly
, the chances of getting phones and cards stolen are high in Linking Words
such
an environment. Linking Words
That is
to say, if a person's phone gets stolen, there is a risk of losing money in a few seconds. Linking Words
For example
, a year ago my phone got stolen, and in the next instant someone was using my credit card and I lost over $ 5000 within a few hours. Linking Words
This
clearly shows the reasons why would someone hesitate to give up Linking Words
cash
.
In conclusion, in the Use synonyms
future
all payments will likely be cashless but some may hesitate to adapt to Add a comma
future,
this
trend Linking Words
due to
a lack of trust in the technology.Linking Words
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