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Positive And Negative

Band 5+: The increasing use of cashless payment methods is reducing the need for physical money. Do you think this is a positive or negative development?

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

As technology flourishes gradually, it enables people to live in an advanced environment. In addition, usage of cards for payment is more preferred by many individuals and even decreasing demand for physical currency. Although there are many conveniences, using online cards have slightly negative impacts on society.

To begin with, cashless method has allowed people several facilities. For example, carrying out payment for household bills and other purposes. While some people pay their payment by apps, without other expanses, other people book their tickets in advance and organize their plan. Additionally, most people cannot imagine their life without ordering online, including ordering meals, various clothes, housing equipment and tools. It can be seen that, saving money in cards is safer rather than holding it in house or pocket. Even if we lose our card accidently, no one can use it unless they know payment password. Moreover we can reorder to a new card and use it with its former cash. In short, Online payment method plays a key role in our life and requires people to know basic data to use it.

On the other hand, increasing in cashless payment method might cause some possible drawbacks. Development of cyber bulling, plenty of people faced cyber attack by different platforms or just calling. For instance, in the telegram, hackers can take an access to bank account of people and steal money, just by sending different apps. Furthermore, limitations in online payment that it is not possible to pay by cards anywhere. For example, in remote areas and countryside, we might not purchase necessary things by cards because of incomplete development in online payment. When using the online apps, knowing basic information about technology is advisable.

To conclude, cashless payment method made people’s life more effortless in many cases, it has caused cyber-bulling advancement and new threat to people. In addition, there are sufficient problems with online payment in the countryside.

Word Count: 319

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