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Part 3

Band 5+: What are the potential benefits and drawbacks of a cashless society?

Note: Both the topic and the answer were submitted by one of our users.
59% Accuracy The overall pronunciation accuracy of your speech, reflecting how well a native speaker can comprehend it.
Polished transcript:
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As I've approached a world of increasing globalization and modernization, we can see a digital way to spread in so many kinds of payment systems, digital payments, and this plays a significant role in creating convenience for people's lifestyles, and it's a lot more important. This can have several benefits for comfortable situations for people. They can use some kind of payment methods, and this is a little more comfortable. This can provide safety and security because it reduces the loss of money in cash, which is why they can use credit cards or other shopping methods. This is a little more important and can be more comfortable. When it comes to the drawbacks, they can face issues like fraud and identity theft, and they can have fake accounts. This can be more dangerous, leading to the loss of all their money, which is why it can be more risky. I just try to highlight these aspects.
Actual audio transcript (What native speakers are likely to hear):

As I’ve approached a world of increasing globalization and modernization, we can see a digital way to spread in so many kinds of pie-making systems, digital pie-making, and this plays a significant role in creating so many kinds of convenience to people, lifestyles, and it’s a lot more important. and this can have several benefits to several comfortable situations for people. Like they can use some kind of pie man’s and a suit right this is a little more comfortable to this can be provided safety and security because they can providing to loss of several monies in cashes and that’s why they can use some kind of card credit cards or to shopping someone’s it’s a little more important and this can be more comfortable and when you come to this throwback sides is they can face to throw it and lay and they can fake accounts and as you try this rather more dangerous to loss all of their money and that’s why it’s really can be more dangerous and I just try and

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Speaking Time: 63 seconds

Answers On The Same Topic:

What are the potential benefits and drawbacks of a cashless society?

So nowadays people they are bringing their phone belongs to them and there’s the one of the potential benefits of the cashless society I would say a mobile phone can do much more things than using cash We can have the Apple Pay to help us pay the bills. Also we can use the phone […]

What are the potential benefits and drawbacks of a cashless society?

Talking about the potential consequences, there are both advantages and disadvantages of the cash class society on the financial privacy and security. To begin with, the first and foremost advantage is that people don’t have to carry cash in their pockets pockets when they have to go somewhere so nobody can steal the cash as […]

What are the potential benefits and drawbacks of a cashless society?

That is a great question for the society. Cashless society has taken some of the benefit, but cashless society gives us how can we reach on the struggling moment from our life of forgetting some of the money. Besides, the behavioral thing is most important. If without money a society person can’t go the bare […]

What are the potential benefits and drawbacks of a cashless society?

One of the major drawbacks that I have witnessed myself is that people have forgotten how to do basic mathematics. They can no longer do subtraction and addition when it comes to money because we all have become so dependent on using the online credit cards. The value of physical cash is going down the […]

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