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In many countries, paying for things using mobile phone apps is becoming increasingly common. Does this development have more advantages or more disadvantages?

In many countries, paying for things using mobile phone apps is becoming increasingly common. Does this development have more advantages or more disadvantages? Qjo9

While it is true, more and more people are increasingly adopting mobile payment methods for making a transaction, there are certain sections of society who still prefer the traditional method of transaction. In my view, there are many benefits to pay via a mobile phone, but there are some downsides which needed to be rectified before it can be trusted as a primary way of exchanging money. This essay will elucidate the disadvantages of transacting money through mobile wallet apps before reaching to a plausible conclusion. It is an irrefutable fact that technology has not only changed the way people live, but also changed the way they transact with each other. However, many individuals still trust the traditional way of exchanging money like through cash or cheques. These individuals either unaware of these ways of transacting, or they find the user-interface of mobile wallet apps difficult to use. Furthermore, low paying labour who receives their payments or salary through cash finds it arduous to adopt mobile wallet apps. To sum up, mobile payment system is still unpopular in the low-salaried and uneducated section of society. Another reason for the mobile payment apps not widely accepted is its dependence on the internet. Remote places where the internet connectivity is poor, people find it strenuous to transact through these apps. Moreover, security is also a big challenge to this method of money exchange. For an illustration, remarkable research conducted by the Internet Organisation of the USA reveals that more than 1 billion dollars have been stolen by hackers. Overall, there are some technical challenges with these mobile payment apps which have restricted the popularity of these apps among the general public. To recapitulate, the foregoing discussion propounds the view that the mobile payment app methods are the future way of transacting money, but it hasn't reached to its potential in terms of usability and accessibility.

While it is true, more and more This phrase/word (depending on the context) can be potentially replaced with :individualsnationsociety
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 are increasingly
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methods
 for making a transaction, there are certain sections of society who still
 prefer the traditional You use this word too often, consider replacing it withstylepracticeformhabitprocessrule
method
 of transaction. In my view, there are This phrase/word is too simple and can be replaced with:a plethora ofa number ofnumerous
many
 benefits to pay via a mobile phone, This phrase/word is too simple and can be replaced with:on the contrary
but
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some
 downsides which needed to be rectified
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before
 it can be trusted
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. This essay will elucidate the disadvantages of transacting You use this word too often, consider replacing it withsalarywagewealthpaybillcash
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through
 mobile wallet apps This phrase/word is too simple and can be replaced with:previouslyprior to
before
 reaching to a plausible conclusion.

It is an irrefutable fact that technology has not This phrase/word (depending on the context) can be potentially replaced with :exclusively
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 the way This phrase/word (depending on the context) can be potentially replaced with :individualsnationsociety
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, This phrase/word is too simple and can be replaced with:on the contrary
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 the way they transact with each other. However
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 individuals still
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. Furthermore
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 who receives their You use this word too often, consider replacing it withrefundreturnsettlementrestitutionwagefee
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 system is still
 unpopular in the low-salaried and uneducated section of society.

Another reason for the mobile You use this word too often, consider replacing it withrefundreturnsettlementrestitutionwagefee
payment
 apps not widely
This phrase/word is too simple and can be replaced with:admissible
accepted
 is its dependence on the internet. Remote places where the internet connectivity is poor, This phrase/word (depending on the context) can be potentially replaced with :individualsnationsociety
people
 find it strenuous to transact You use this word too often, consider replacing it withover
through
 these apps. Moreover
, security is also
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 challenge to this You use this word too often, consider replacing it withstylepracticeformhabitprocessrule
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 of the USA reveals that more than 1 billion dollars have been stolen
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, there are This phrase/word is too simple and can be replaced with:a number of
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 technical challenges with these mobile You use this word too often, consider replacing it withrefundreturnsettlementrestitutionwagefee
payment
 apps which have restricted the popularity of these apps among the Consider using "public".public
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.

To recapitulate, the foregoing discussion propounds the view that the mobile You use this word too often, consider replacing it withrefundreturnsettlementrestitutionwagefee
payment
 app You use this word too often, consider replacing it withstylepracticeformhabitprocessrule
methods
 are the future way of transacting You use this word too often, consider replacing it withsalarywagewealthpaybillcash
money
, This phrase/word is too simple and can be replaced with:on the contrary
but
 it hasn't reached to its potential in terms of usability and accessibility. 