There is no iota of doubt that mostly individuals prefer using the cards rather than cash. This phenomenon offering va multifurious benefits to people, however sometimes a couple of problem emerge due to some reasons. the following paragraph would shed light on both the pros and cons of the plastic cash
To begin with the first notion that, electronic transactions are gradually replacing the traditional banking system. Electronic transactions and plastic card payments are more convenient. Individual neither carry a huge amount of money nor cheque, which mostly people carry in previous time. in addition, it is supporting the growth of e-commerce. online payments amenities is provided nowadays I would like to site an example of electricity bills it is quite easy to pay the bills I hate to standing in a long queue for hours but today just with the help of cards we can pay the bills from the home additionally it is time saving method also just few in hours we can pay any type of bills
on the flip side of the coin, there are some nasty consequences as well the major threat to using the cards is data hacking and cyber crime. first and foremost card are not acceptable in small vendors because they don't have a knowledge about the transection machine. secondly sometimes the online payment mode rejected due to the technical issues also some additional charges included in the online transaction. Furthermore, people don't have knowledge about the online transaction they mostly prefer cash system
In conclusion I personally believe that merits are number the demerits however some efforts like government should introduced some rules against the hacking. there are plethora of advantages but we have to be careful how to use the system
There is no iota of doubt that
mostly
individuals prefer using the
cards
rather
than cash. This phenomenon offering
va
multifurious
benefits to
people
,
however
sometimes
a couple of problem
emerge due to
some
reasons.
the
following paragraph would shed light on both the pros and cons of the plastic
cash
To
begin
with the
first
notion that, electronic
transactions
are
gradually
replacing the traditional banking system. Electronic
transactions
and plastic
card
payments are more convenient. Individual neither carry a huge amount of money nor
cheque
, which
mostly
people
carry in previous time.
in
addition, it is supporting the growth of e-commerce.
online
payments amenities
is provided
nowadays I would like to site an example of electricity bills it is quite easy to pay the bills I hate to standing in a long queue for hours
but
today
just
with the
help
of
cards
we can pay the bills from the home
additionally
it is time saving method
also
just
few in hours we can pay any type of
bills
on
the flip side of the coin, there are
some
nasty consequences
as well
the major threat to using the
cards
is data hacking and cyber crime.
first
and foremost
card
are not acceptable in
small
vendors
because
they don't have a knowledge about the
transection
machine.
secondly
sometimes
the
online
payment mode rejected due to the technical issues
also
some
additional charges included in the
online
transaction
.
Furthermore
,
people
don't have knowledge about the
online
transaction
they
mostly
prefer cash system
In
conclusion I
personally
believe that merits are number the demerits
however
some
efforts like
government
should
introduced
some
rules
against the hacking.
there
are plethora of advantages
but
we
have to
be careful how to
use
the
system