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Advantage And Disadvantage

Band 5+: A "cashless society" is one where people use debit/credit cards and other forms of payment instead of cash. Do the advantages of a cashless society outweigh the disadvantages?

Note: Both the topic and the essay were created by one of our users.

Nowadays, in many countries develop the methods of paying like with credit cards and online payments with phone than cashless payments that consume less. However both techiques have pros and cons. In this essay i’m going to discuss this payments and give my personal view.

Firstly, let’s talk about cashless payment, this type of paying is old for nowadays individuals. Thе reason for this is lost money which hold in the hand. These days people are so impudent that they steal thing for remittance then livers afraid each other. Because of that sciences of technology invented new product for reward. Secondly, this is very helpful for who tired count and carrying bag on behalf of quantity money. Thirdly, utilizing version like credit card or mobile take little times for paying and they give bonuses if you pay with QR code.

On the other hand, this kinds of payment have disadvantages. Because credit cards have limit for money if you have a lot of quantity money like millions or billions. Also, every month credit card’s company picks up takes the amount of money because you use a credit card from them while when you use cassless format you never pay something for anyone and you have freedom using money. In addition, old people don’t know about digital technology or they can’t to use phone or credit card for payment. Because they’are old and scammers may deceive them saying credit card’s code. Because of that they can lost their digital money.

In conclusion, every kinds of payment have advantages and disadvantages. But in my view, this types of paying are relevant to our times, as we live in a digital world.

Word Count: 279

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