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Nowadays plastic money replacements such as credit and debit cards are extremely popular, even more than banknotes and coins. Discuss the advantages and disadvantages of this.

Nowadays plastic money replacements such as credit and debit cards are extremely popular, even more than banknotes and coins. Discuss the advantages and disadvantages of this. KeX1

It is considered that nowadays the traditional currency notes and coins are replaced with rising popularity of plastic money. In my perception, it has lots of advantages. The primary reason is that due to the plastic money the individual doesn’t need to carry currency notes with him in order to make payment for their purchases which provides inconvenience because person feels specifically constant threat of getting robbed or lost. However, the plastic money made the individual life very easy because now individual just have to carry some cards with him which is issued by banks and these cards can be blocked anytime by calling customer service, whenever individual feels some unusual activity on his account or the card get stolen by someone by which nobody will be able to withdraw money from customer’s account. The plastic money makes person to transfer money from his account through internet and all the transaction can be seen online by going in to the bank account. For instance: if an individual pays money for his purchase at superstore through his credit card, then the money will be deducted online from his account which he has to pay off later for his credit card monthly statement. In contrast, now there is rise is online hacking where hackers from all over the world can hack and withdraw money by hacking customer’s or banking system so now there is lot of risk in losing money through online banking. In Conclusion, the plastic money enhances the convenience of the customers as now they don’t have to carry notes and coins with them, while they can block their account anytime if they lose their credit or debit card. Whereas, due to rise in online hacking the plastic money is particularly not safe anymore.

It is considered
 that nowadays the traditional currency notes and coins are replaced
 with rising popularity of You use this word too often, consider replacing it withelasticmolded
plastic
You use this word too often, consider replacing it withsalarywagewealthpaybillcash
money
. In my perception, it has lots of advantages.

The primary reason is that due to the You use this word too often, consider replacing it withelasticmolded
plastic
You use this word too often, consider replacing it withsalarywagewealthpaybillcash
money
 the You use this word too often, consider replacing it withrespectivesingularpersonalsolelonespecific
individual
 doesn’t need to carry currency notes with him in order to This phrase/word (depending on the context) can be potentially replaced with :createconstructmanufactureproduce
make
 payment for their This phrase/word (depending on the context) can be potentially replaced with :acquires
purchases
 which provides inconvenience 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
 person feels specifically
 constant threat of getting robbed or lost. However
, the You use this word too often, consider replacing it withelasticmolded
plastic
You use this word too often, consider replacing it withsalarywagewealthpaybillcash
money
 made the You use this word too often, consider replacing it withrespectivesingularpersonalsolelonespecific
individual
 life This phrase/word is too simple and can be replaced with:extremelyimmenselysupremelysuperb
very
 easy 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
You use this word too often, consider replacing it withtoday
now
You use this word too often, consider replacing it withrespectivesingularpersonalsolelonespecific
individual
This phrase/word is too simple and can be replaced with:merely
just
This phrase/word is too simple and can be replaced with:ought to
have to
 carry This phrase/word is too simple and can be replaced with:a number of
some
You use this word too often, consider replacing it withsheetposterlabelprogramcalendarticket
cards
 with him which is issued
 by banks and these You use this word too often, consider replacing it withsheetposterlabelprogramcalendarticket
cards
 can be blocked
 anytime by calling You use this word too often, consider replacing it withclientconsumerpatronpurchaser
customer
 service, whenever You use this word too often, consider replacing it withrespectivesingularpersonalsolelonespecific
individual
 feels This phrase/word is too simple and can be replaced with:a number of
some
 unusual activity on his You use this word too often, consider replacing it withstoryexplanationdetailtaleversionnarrative
account
 or the You use this word too often, consider replacing it withsheetposterlabelprogramcalendarticket
card
This phrase/word (depending on the context) can be potentially replaced with :acquire
get
 stolen by someone by which nobody will be able to withdraw You use this word too often, consider replacing it withsalarywagewealthpaybillcash
money
 from You use this word too often, consider replacing it withclientconsumerpatronpurchaser
customer’s
You use this word too often, consider replacing it withstoryexplanationdetailtaleversionnarrative
account
. The You use this word too often, consider replacing it withelasticmolded
plastic
You use this word too often, consider replacing it withsalarywagewealthpaybillcash
money
This phrase/word (depending on the context) can be potentially replaced with :createsconstructsmanufacturesproduces
makes
 person to transfer You use this word too often, consider replacing it withsalarywagewealthpaybillcash
money
 from his You use this word too often, consider replacing it withstoryexplanationdetailtaleversionnarrative
account
 through internet and all the transaction can be This phrase/word (depending on the context) can be potentially replaced with :witnessed
seen
You use this word too often, consider replacing it withwirednetworked
online
 by going in to the bank You use this word too often, consider replacing it withstoryexplanationdetailtaleversionnarrative
account
. For instance
: if an You use this word too often, consider replacing it withrespectivesingularpersonalsolelonespecific
individual
 pays You use this word too often, consider replacing it withsalarywagewealthpaybillcash
money
 for his This phrase/word (depending on the context) can be potentially replaced with :acquire
purchase
 at superstore through his credit You use this word too often, consider replacing it withsheetposterlabelprogramcalendarticket
card
, then the You use this word too often, consider replacing it withsalarywagewealthpaybillcash
money
 will be deducted
You use this word too often, consider replacing it withwirednetworked
online
 from his You use this word too often, consider replacing it withstoryexplanationdetailtaleversionnarrative
account
 which he This phrase/word is too simple and can be replaced with:oughts to
has to
 pay off later for his credit You use this word too often, consider replacing it withsheetposterlabelprogramcalendarticket
card
 monthly statement.

In contrast
, You use this word too often, consider replacing it withtoday
now
 there is rise is You use this word too often, consider replacing it withwirednetworked
online
 hacking where hackers from all over the world can hack and withdraw You use this word too often, consider replacing it withsalarywagewealthpaybillcash
money
 by hacking You use this word too often, consider replacing it withclientconsumerpatronpurchaser
customer’s
 or banking system This phrase/word is too simple and can be replaced with:consequently
so
You use this word too often, consider replacing it withtoday
now
 there is It seems that an article is missing.a lot of
lot of
This phrase/word (depending on the context) can be potentially replaced with :hazarddanger
risk
 in losing You use this word too often, consider replacing it withsalarywagewealthpaybillcash
money
 through You use this word too often, consider replacing it withwirednetworked
online
 banking.

In Conclusion
, the You use this word too often, consider replacing it withelasticmolded
plastic
You use this word too often, consider replacing it withsalarywagewealthpaybillcash
money
 enhances the convenience of the You use this word too often, consider replacing it withclientconsumerpatronpurchaser
customers
 as You use this word too often, consider replacing it withtoday
now
 they don’t This phrase/word is too simple and can be replaced with:ought to
have to
 carry notes and coins with them, while they can block their You use this word too often, consider replacing it withstoryexplanationdetailtaleversionnarrative
account
 anytime if they lose their credit or debit You use this word too often, consider replacing it withsheetposterlabelprogramcalendarticket
card
. “Whereas” 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.
Whereas
, due to rise in You use this word too often, consider replacing it withwirednetworked
online
 hacking the You use this word too often, consider replacing it withelasticmolded
plastic
You use this word too often, consider replacing it withsalarywagewealthpaybillcash
money
 is particularly
 not safe anymore. 