Nowadays, the internet and mobile phones have an enourmous role in our world, spreading in all the aspects of life. No one can live without using ethier or both of them. Anything now can be done online using smartphones from home. For instance, shopping for clothes, groceries, and other stuffs. Another extremely valid example is transfering money to others through cell phones, or credit or debit cards online. Although, this may seem hazardous and had deterimental risks in the past, now it is much safer. Despite, all the risk it may carry, i encourage it because it has many benfial applications as i am going to mention.
Being able to do your money transaction from your home, sitting on your caouch is a game changer. It is not only about saving efforts and increasing our welffare but also, saving time which is a limited currency today. This well provide another level of relief specially for older people who have health issues doing their own businesses without the need to lean on someone. From my personal experience, my grandfather injured his leg in a car accident last week, sence then he has had difficulty walking so i installed an application on his phone so he can do all of his banking and his shopping online, and pay for it.
Small businesses will have the most of this feature because the majority of them has no bank accounts or very sofisticated financial channels, they only depends on the internet and the revolution in the online banking.
In conclusion, with no doubt the internet is the trend of our century and we have to keep on with the advancement in this area. Online banking and transactions carry many dangerous risk; however, it is far more safe now, but it has much more pleasant applications such as, saving our limited time on earth with the least effort we do.