The contemporary age is no stranger to the concept of the cashless society.
In particular, recent years have witnessed a surge in the popularity of credit
cards. While some people believe that cash is handy, my personal view is
that credit cards are more beneficial. I will discuss this problem and the
solutions in the following paragraphs.
Firstly, credit cards are safer than cash. As an illustration, bank cards are
more secure. Furthermore, a research project at the University of Adelaide
found that three out of five people believe that credit cards have better
security.
Secondly, credit cards are easy to carry. To clarify, one does not have to
carry a bulk of cash to buy an item. To shed more light on the issue, one of
my relatives had a similar experience when she used her card to purchase a
car.
Finally, I believe there are some advantages to this topic. To begin with, debit
cards make online shopping possible. Another benefit is they are more
sanitary than money notes and coins.
Considering all the above points, I am of the opinion that both sides of the
argument have valid reasons. One should consider banking transactions,
card-less services, banking applications and funds transfer as well as prepaid
cards when dealing with this phenomenon. In my view, the advantages far
outweigh the disadvantages and the solutions provided above can address
the problem.
The contemporary age is no stranger to the concept of the cashless society.
In particular
, recent years have witnessed a surge in the popularity of credit
cards
. While
some
people
believe that cash is handy, my personal view
is
that
credit
cards
are more beneficial. I will discuss this problem and
the
solutions
in the following paragraphs.
Firstly
,
credit
cards
are safer than cash. As an illustration, bank
cards
are
more
secure.
Furthermore
, a research project at the University of Adelaide
found that three out of five
people
believe that
credit
cards
have better
security
.
Secondly
,
credit
cards
are easy to carry. To clarify, one does not have
to
carry
a bulk of cash to
buy
an item. To shed more light on the issue, one
of
my relatives had a similar experience when she
used
her
card
to
purchase
a
car
.
Finally
, I believe there are
some
advantages to this topic. To
begin
with,
debit
cards
make
online shopping possible. Another benefit is they are
more
sanitary
than money notes and coins.
Considering all the above points, I am of the opinion that both sides of the
argument
have
valid reasons. One should consider banking transactions,
card-less services, banking applications and funds transfer
as well
as prepaid
cards
when dealing with this phenomenon. In my view, the advantages
far
outweigh the disadvantages and the solutions provided above can address
the
problem.