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Positive And Negative

Band 6+: Today, many people us the internet and smartphones to transfer money to friends, family and businesses. Is this a positive or negative development?

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

Currently majority of individuals have been transferring their finance via online payment applications in every aspect of their life. In my opinion, this trend is totally positive with advantageous outcomes of convenience as well of safety.

The key benefit that can arise from online-billing is that users will be capable of paying their daily expenses from the distance. To be more precise, by means of these apps people can reduce both their time and money on commuting as well as do not need to stand in a long queues of the bank just to pay their utility bills. Added to this, individuals are free of carrying handbags or wallets to keep their money and credit cards if they visit any shopping centers except from their phone, resulting in total comfortable atmosphere for buyers.

Another benefit of transferring money through international remittance programs can create an opportunity for migrants to cover their family living costs remotely. Furthermore, introduction of these money-transfer methods may assist consumers to monitor their expenditure which is saved in online program. Moreover, the rate of light crimes like pick pocketing and money theft has undergone a significant decline due to availability of privacy and security system installed in software.

In conclusion, although these online transactions are rarely disrupted by cyber criminals, it has brought about too many merits for this to be a negative trend.

Word Count: 228

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