During this era, development in technology of making payment by using various ways. It is asserted by some people that credit and debit cards would take place use of traditional form or method of payment. I disagree with the given notion and reasons to strengthen my view point put forth in subsequent paragraphs.
To begin with it is bolster by some individuals that card payments easily made as well as fast. In fact no need to stand in longer queues and saving are time. Neverthless it does not hold true in all situation because some times there is no fast network connection. It is generally seen that payment process cannot sucessful due to internet issues.
Yet another reason to support my stance is that online transaction not suitable for senior citizens because they do not know how to operate this. To be elaborate, some time old people forget pincode of their card. For instance a recent survey conducted by students of economics at University of Florida revealed that only 20%aged people use cards to make online payment. Consequently olders are facing problem to payment.
To fortifiy further, this is not suitable for small scale business. Indeed small business cannot afford a online banking system. To illustrate, if they adopt online banking then thay have to pay tax it is a burden for small organisation. Hence small business having lots of problems in their financial situation.
To conclude, although most of the people use card for saving there time, the senior citizens and small business cannot taking this because they may face risk.
During this era, development in technology of making
payment
by using various ways. It
is asserted
by
some
people
that credit and debit
cards
would take place
use
of traditional form or method of
payment
. I disagree with the
given
notion and reasons to strengthen my view point put forth in subsequent paragraphs.
To
begin
with it is
bolster
by
some
individuals that
card
payments
easily
made
as well
as
fast
. In fact no need to stand in longer queues and saving are
time
.
Neverthless
it does not hold true in all situation
because
some
times
there is no
fast
network connection. It is
generally
seen
that
payment
process cannot
sucessful
due to internet issues.
Yet
another reason to support my stance is that
online
transaction not suitable for senior citizens
because
they do not know how to operate this. To be elaborate,
some
time
old
people
forget
pincode
of their
card
.
For instance
a recent survey conducted by students of economics at University of Florida revealed that
only
20%aged
people
use
cards
to
make
online
payment
.
Consequently
olders
are facing problem to payment.
To
fortifiy
further
, this is not suitable for
small
scale
business
.
Indeed
small
business
cannot afford
a
online
banking system. To illustrate, if they adopt
online
banking then
thay
have to
pay tax it is a burden for
small
organisation
.
Hence
small
business
having lots of problems in their financial situation.
To conclude
, although most of the
people
use
card
for saving there
time
, the senior citizens and
small
business
cannot
taking
this
because
they may face
risk
.