Coins and paper money will soon be replaced by credit and bank cards. Do you agree or disagree that eventually we will have a cashless society which will be safer and more convenient for everyone?

The rapid digitalization of global financial system suggests that the physical currency will soon be superseded by electronic payment methods. I completely agree with this transition towards cashless society. It will be the unprecedented change that could have positive impact on society. This development will enhance both personal security and macroeconomic convenience. The eradication of […]

As technology advanced dramatically in banking systems over recent centuries, the majority of people use credit and debit cards instead of cash for purchases. I believe that in the near future more people will tend to join safer and friendly card-based societies. First of all, it is simpler and safer to take cards when people […]

Credit and debit cards issued by banks are now replacing coins and paper bills, setting up a society that doesn’t need to carry cash. I completely agree with this notion as it promotes convenience and safety regarding finance. One of the most popular advantages of having to use cards issued by various banks is the […]