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

Nowadays, most individuals send their money to trading,family and acquaintances with their phones and network connections.From my perspective,it is an absolutely positive development for society and in

this

essay, I discussed the main two reasons. First of all, making transactions online is very convenient for people who

have

Add a missing verb

do have

show examples

not much

time

to go to

banks

.

Moreover

,

bank

branches can be far away for most visitors.

For example

, some businessmen want to open a business in another country and there may not be a branch of their

bank

there,in

this

situation online

bank

service will be the solution because reaching the

bank

in person is impossible at that

time

,and only they need is stable Internet connectivity.

In addition

, it will greatly save

time

for clients

as well as

for employees of

banks

. Specifically, the main part of work would be executed by AI and robots,

while

humans will be exempted from hard and dirty jobs.

Secondly

,using electronic transfer can let us do it at any

time

of the day and year even on weekends.

Thus

,

banks

working hours and any holiday closings do not disturb people’s transitions.

For instance

, I want to purchase a New Year's gift and

consequently

, all the

banks

are closed ,

however

, I can just use a

bank

app which works 24 hours a day and makes a transfer immediately by just pressing a couple of buttons. In conclusion, in my view using smartphones for transferring money online makes people’s lives more easier and convenient because they do not need to worry about

banks

' working hours and locations.