In the modern era of internet, we are getting use to of the online services in our daily lives. Same as if we discuss about paying for products bought from malls, stores or payment of food in restaurants are also upgrading towards online payments and it will cover up almost everything or service to be sold using online transactions.
Hence if we deep dive into truth that there exists many of the stalls or unregistered sellers of products or services who prefer only cash payments. The reason is that they are unaware from usage of smart phone or internet to help support online payments. In addition to this there are also some customers that prefer carrying cash for buying things as it proofs more convenient for them.
Nonetheless of some power or internet services breakdown, online payments are promoted and used by almost 60% of the people around the world and it will one day become very popular all over the world in due to safety in some parts of the world where crime rate is high. As well as usage of bank debit or credit cards are also widely used for payments as it is handy, safe and fast with a smart track of all transactions being made.
Concluding that we all must be aware of the new technologies and must literate ourselves with usage of them nonetheless of in what age we are like online transactions and usage of bank cards which will definitely upgrade our lifestyles and also businesses.