Nowadays, due to wide spread of advace banking and technology, people are usually no more able to use the cash payment method as the system shifted towards card payments and apple pay. Reason this method is very convenient and easy , you just needed to touch the phone or remove the card from pocket, and you can pay your relative amounts.
Firstly, many of the countries they move towards the card payments in almost all the sectors like shopping malls, beauty salons, pubs, restaurants and hotels which is a big step towards the innovation and technology. The payment methods are gone more likely through dabit cards, credit cards, visa cards and the newly innovated apple pay. As the world just went through the dangerous disaster called ‘Corona Virus’ many of the countries banned the use of cash as there is more chances of spreading the virus through cash money, many of the people using sliva while counting the money, which spread the dangerous diseases among the people.
Furthermore, this method will effect the people belonging the lower class and having less source of income and not educated enough to understand the banking services and payment methods. They usually travel through the local transport which accepts only the cash , they make their shopping from small grocery shops or stores, who only accepts the cash and helps them somehow.
Conclusion of the topic is, the governments of all the countries should aurge all the sectors to accept both the payment methods wether it is cash or card, which can give benefit to all the people across all the world.
