On the other hand, many customers are not aware of the hidden charges that the bank is encountering them with. Some people perceive that online transactions are beneficial to transfer money while others reject the notion by saying that it leads to numerous problems. Get your writing samples corrected by me. Credit cards are rarely used in the informal economy. Essay — In some countries, an increasing number of people are suffering from health problems as a result of eating too much fast food.
This is possible because of credit cards. Leave a Reply Cancel reply Your email address will not be published. Secondly we are relying on the transactions to be be faultless, yet how many times have our telecoms, such as Telstra and Vodaphone gone down. Fill in your details below or click an icon to log in: In conclusion, after inspecting upon further paragraphs, we concede that cashless transactions have made our life so easier and save our time which we can spend on other valuable things for further improvement. You are commenting using your Facebook account.
Coin collectors, for example, will inevitably get hurt after entire replacement of traditional money and socidty. Sentences with neutral sentiment: However, we can reduce the amount of cash in circulation by promoting the use of credit cards.
In a cashless society, people use more credit cards, do you think cashless society is realistic and why?
IELTS:Cash and coins will be replaced by credit cards in the ve/Negative
These kinds of websites are robbing customers in daylight. It is likely that we will no longer use paper money in near future and will create a friendly and safer cashless society.
Credit card cloning is now a global phenomenon and millions of people have been deceived by it. In my opinion, no.
There is a number of people living in villages are still illiterate and they have started facing several problems as they do not have any knowledge to use internet banking of how to do ATM transactions. You should spend about 40 minutes on this task.
This process is called phishing where the numbers typed during the online transactions are captured by hackers. No one can promise a cashless society will make our payment safer and completely better for the individual.
Also it is very easy to carry as it fits in the pocket and can be processed from any device. This essay topic by other users: A Shopping Street You Like. Moving cash is a very expensive business, which involves lots of security and people are always under a threat of being looted.
First of all, using plastic money removes the risk of carrying cash. Can our banks keep up, are their systems capable of providing uninterrupted transactions, are they capable of providing total security. This is, again, not an example.
Advantages and disadvantages of cashless society
Reply Quote I consent to this website collecting my details through this form. For instance, nowadays any product or services can be purchased globally, just by swiping the card or by digital payment. Write about the following topic: Thirdly, as we are well aware, blackouts are becoming more and more frequent.
Eventually, we will have a cashless society which will be safer and more convenient for everyone.
In A Cashless Society, People Use More Credit Cards | PTE Academic Essay Sample
Secondly, the security features of credit cards and online method of monetary exchange give authorities the capability of tracing the use of the cards. Join 2, other followers Follow. More Freedom To Children.
Intriguingly, some strata of society favour cashless society while others oppose this notion. Also using the credit card is very tempting and often leads to needless shopping which increases the burden of the consumer. There are various advantages of modern monetary exchange. In this modern world, it is an irrefutable fact that our world is becoming rapidly cashless and people have started giving essay to inline transactions.