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Currency notes have been replaced by the plastic money, and now it is all about online transaction. discuss advantages and disadvantages of the online money transaction.

Currency notes have been replaced by the plastic money, and now it is all about online transaction. discuss advantages and disadvantages of the online money transaction. O8yk

Undoubtedly, it has been observed that paper currency are disappearing among the people due to the fact more number of individuals are choosing to use electronic transaction rather than banknotes. a number of people assert that disadvantages outweigh the advantages. I partially agree with that. Irrefutably, plastic money has plethora of benefits and security is one of them. To elaborate it, credit cards and debit cards are easy to carry at anywhere as compare to traditional notes. By chance if, someone theft your card consequently, without pin code it is nothing harmful. In addition to that these methods are not has detrimental impact on environment owing to the fact that there is no any requirement of paper so we can save the trees. While currency notes are drought of papers. Furthermore, government can easily find the black money by keeping the history of people money transfer. Eventually, person can get discount or cashback. Ostensibly, online transaction is not imperative at all time. The prime reason is hacking. Because of that, card owner some time gets trouble of big financial loss. Moreover, baby boomers and illiterate people find difficulties to use such kind of system and operate that requirement of internet connectivity is an inevitable. In conclusion, I firmly believe that plastic money if fruitful for all. However, it has some drawbacks which can be alleviated by proper management and in future it will replace conventional currency.

Undoubtedly
, it has been observed
 that paper currency are disappearing among the You use this word too often, consider replacing it withcrowdfamilycommunitynationsocietypublic
people
 due to the fact more number of individuals are choosing to This phrase/word (depending on the context) can be potentially replaced with :exploit
use
 electronic transaction rather
 than banknotes. This sentence does not start with an uppercase letterA
a
 number of You use this word too often, consider replacing it withcrowdfamilycommunitynationsocietypublic
people
 assert that disadvantages outweigh the advantages. I partially
This phrase/word (depending on the context) can be potentially replaced with :acquiesce
agree
 with that.

Irrefutably
, plastic You use this word too often, consider replacing it withsalarywagewealthpaybillcash
money
 has plethora of benefits and security is one of them. To elaborate it, credit You use this word too often, consider replacing it withsheetposterlabelprogramcalendarticket
cards
 and debit You use this word too often, consider replacing it withsheetposterlabelprogramcalendarticket
cards
 are easy to carry at anywhere as compare to traditional notes. By chance if, someone theft your You use this word too often, consider replacing it withsheetposterlabelprogramcalendarticket
card
consequently
, without pin code it is nothing harmful. In addition
 to that these methods are not has detrimental impact on environment owing to the fact that there is Did you mean "now" (=at this moment) instead of 'no' (negation)?now
no
 any requirement of paper This phrase/word is too simple and can be replaced with:consequently
so
 we can save the trees. “While” at the beginning of a sentence usually requires a 2nd clause. Maybe a comma, question or exclamation mark is missing, or the sentence is incomplete and should be joined with the following sentence.
While
 currency notes are drought of papers. Furthermore
, This phrase/word (depending on the context) can be potentially replaced with :national authoritypublic authority
government
 can easily
 find the black You use this word too often, consider replacing it withsalarywagewealthpaybillcash
money
 by keeping the history of You use this word too often, consider replacing it withcrowdfamilycommunitynationsocietypublic
people
You use this word too often, consider replacing it withsalarywagewealthpaybillcash
money
 transfer. Eventually
, person can This phrase/word (depending on the context) can be potentially replaced with :acquire
get
 discount or cashback.

Ostensibly
, online transaction is not imperative at all time. The prime reason is hacking. This phrase/word is too simple and can be replaced with:due to the factin light of the fact thatowing to the fact that
Because
 of that, You use this word too often, consider replacing it withsheetposterlabelprogramcalendarticket
card
 owner This phrase/word is too simple and can be replaced with:a number of
some
 time This phrase/word (depending on the context) can be potentially replaced with :acquires
gets
 trouble of This phrase/word is too simple and can be replaced with:hugeenormousgiganticvast
big
 financial loss. Moreover
, baby boomers and illiterate You use this word too often, consider replacing it withcrowdfamilycommunitynationsocietypublic
people
 find difficulties to This phrase/word (depending on the context) can be potentially replaced with :exploit
use
 such kind of system and operate that requirement of internet connectivity is an inevitable.

In conclusion
, I firmly
 believe that plastic You use this word too often, consider replacing it withsalarywagewealthpaybillcash
money
 if fruitful for all. However
, it has This phrase/word is too simple and can be replaced with:a number of
some
 drawbacks which can be alleviated
 by proper management and in future it will replace conventional currency. 