Some countries are moving towards a cashless society where all transactions are digital. Do the advantages of a cashless society outweigh the disadvantages?

In modern
society
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, individuals utilise debit cards and other electronic payment methods
instead
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of cash. I believe
this
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trend is highly advantageous, not only
due to
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the enhanced security of funds but
also
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because of improved budgeting and expense tracking.
However
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, some may have differing opinions.
This
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essay will examine how these significant benefits have the potential to outweigh any disadvantages. On the one hand, there are notable disadvantages associated with a cashless
society
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.
Firstly
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, access to a bank account is required, which may not be feasible for all individuals, especially those with limited financial resources. Elderly persons may experience discomfort with technology and find it challenging to transition from physical currency.
Additionally
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, cashless transactions depend on technology, which is not invariably reliable.
For example
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, if an individual goes shopping and discovers that their mobile device's battery has depleted, they may be unable to make essential purchases.
On the other hand
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, there are numerous grounds for the overwhelming advantages of
this
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new approach.
Firstly
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, card payments facilitate the monitoring and management of budgets and expenditures. Users receive notifications on their mobile devices regarding their financial transactions, including the amounts spent and the times of expenditure.
For instance
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, during outings, individuals and their families often indulge in entertainment without paying immediate attention to their spending;
however
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, they can review their expenditures
subsequently
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through these messages.
Moreover
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, the proliferation of counterfeit currency significantly contributes to the transition towards a cashless
society
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. Utilizing modern technology, counterfeiters produce fake money
that is
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almost impossible to detect with the fake currency.
Although
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governments diligently endeavour to mitigate
this
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crime, they are unable to control it fully. In conclusion, people in contemporary
society
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tend to use debit cards and other electronic payment methods
instead
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of cash.
Although
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I recognise that card payments have some drawbacks,
this
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trend is expected to be very advantageous, mainly because of improved fund security and better tools for budgeting and managing expenses.

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coherence
Make the flow of ideas clearer by linking each point to your main view, and use more simple linking words.
task response
Give a stronger, clear answer in the end. Restate your view and say why you think it is true.
content
Provide more strong examples that fit the idea. Tell a little more about how people could be helped.
language
Fix small grammar and sentence mistakes. Use shorter sentences for easy reading.
strength
Clear view that cashless use is good and a plan to show it.
strength
Good use of examples like alerts and fake money idea to show proof.
structure
The essay keeps a simple and easy flow so a reader can follow.
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