Over the last twenty year some Countries use online when dealing with money rather than usage Cash. Acrodding to report published by intenentional bank 2019 80% of world avoid cash. Asustantial amount of money was spent in improving paying method. In this essay iwill discuss both pros and cons.
One of the most important advantages of the digital transitions is making life easy because it’s save our time and effort rather than go to bank. Another positive view of this issue making the world as small village. For example, you can pay by your smart phone in are in your home to buy clothes or makeup. Finally, it’s assist individuals who have health issues to decrease their suffering. My friend suffered from disabilities in his body movement. As a consequence, she do his coins dealing by computer in room.
On the other hand, there are a plethora of disadvantages of internet expentiture. First, There are millions of hackers specializing in stole buying applications across the world. every month a lot of these applications loss money and customers. Such as, last month amazon loss more than 1 million dollars for this reasonsecond, if Country face war, all pudget will by frozen. Third, not all transactions can reach in same time because the internet is weak, as a result it’s leads to problems.
To sum up, employ money in cyber way has both advantages as life easy and close people and help someone who has diseases . In addition, there are also disadvantage as hackers and frozen acounts and internet obstacles.