Mobile apps are widely used for digital
transactions
in many nations. Use synonyms
Although
sometimes these could be vulnerable to fraud, these are a much more convenient payment method. In my perspective, it is the essentials of the modern society.
On the one hand, using digital apps without proper knowledge can lead to a loss of money. An enormous amount of fraud cases are reported by the victims when scammers scam especially the elderly population and those who are not tech-savvy. Linking Words
For instance
, there is a proper network of call centres where the workforce is hired and trained to do scams. Through phishing techniques and fraud calls, they manipulate Linking Words
people
on a daily basis. Though security features like two-factor authentication and OTP can make Use synonyms
transactions
safe and secure, Use synonyms
people
are not aware of these. Use synonyms
Therefore
, lack of awareness is a threat to capital.
Linking Words
On the other hand
, cashless payments are much more convenient for businesses and individuals. TH Linking Words
transactions
can be carried from anywhere at any time. Use synonyms
For example
, Linking Words
first,
Linking Words
people
overwhelmingly perform payments to their clients, friends, and family. These payments are not only instant but Use synonyms
also
safe and secure. One can easily track a record of his income and expenses and generate bank statements. Linking Words
Then
, it helps authorities to maintain a record of citizen's Linking Words
transactions
and taxes Use synonyms
accordingly
. Linking Words
Hence
, these provide ease in every walk of life.
In conclusion, Linking Words
people
are increasingly using digital wallets. Admittedly there are certain limitations. Use synonyms
However
, digital wallets are worthwhile. Linking Words
according to
me, their benefits outweigh the harms and it is a need of the modern era.Linking Words
Haris Khan