In the future, people may no longer be able to pay for things in shops using cash. All payments may have to be made by card or using phones. Do you think this will happen one day? Why do you think some people might not be happy to give up using cash?

It is a known fact that most of the monetary transactions in the coming days will be made by either cards or digital

payments

. In

this

essay

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essay,

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I will discuss why

this

a

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is a

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positive development and why it might be a drawback for a few individuals.

To begin

, with the worldwide adoption of digital technology, I can certainly vouch that cashless modes of

payments

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payment

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like

card

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cards

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as well as

smartphone

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smartphones

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, will become the normal in the near future.

Firstly

, the electronic currency provides a sense of security. As the shoppers have the benefit of carrying less amount of

cash

, their chances of getting robbed become minimal.

For instance

, a recent news article revealed that with the advent of digital

payments

, the incidence of

pick pocketing

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pickpocketing

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reduced

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was reduced

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by 80%.

Secondly

, these newer technologies are

environment

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environmentally

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friendly. A lot of trees need to be cut to make paper currency, which leads to deforestation.

For example

, a recent news article showed that digital modes of payment leave a lesser carbon print compared to their counterparts.

On the other hand

, these contemporary technologies might not be the cup of tea for a few individuals who have been using

cash

since

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for

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a very long time.

The senior

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Senior

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citizens

,

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apply

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might find it difficult

getting

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to get

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used to

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a smartphone

the smartphone

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smartphone

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smartphones

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for making

payments

. Elderly people still use

cash

as the chief mode of payment as

adopting

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adapting

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to

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apply

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fast paced

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fast-paced

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phone

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phones

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and cards is laborious

to

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for

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them. To illustrate, a survey revealed that 90% of the paper bills were used by

the

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apply

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older individuals.

Additionally

, few people have a sense of emotional connection with the

cash

. One can feel the paper bills slipping away from their hands

while

making

payments

, which prompts them to bargain and makes them

take

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make

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informed

decision

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decisions

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before making unnecessary expenses. In conclusion, with more and more citizens getting used to the newer ways of transactions, using

card

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cards

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and

smartphone

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smartphones

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will definitely become the standard method of currency transaction in the near future,

although

there might be a few exceptional

individual

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individuals

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who might find

this

trend quite inconvenient.