Technology has become more and more advance over the last decade, especially mobile phone. A smart phone, nowadays, is capable at doing almost anything including making payment through apps. In this essay, I will discuss why the advantages of using E-payment is far greater than its disadvantage.
First, making payment through mobile phone is always more convenient than cash payment. For example, we only need carry our phone whenever we go out to make purchase because our banking information are stored and completed seamlessly within the device. The second advantage of using mobile phone as daily payment method is security. A lot of apps and mobile phone companies equip their state-of-the-art security system to protect the customers information from fraudulent activities. For instance, Apple customers are worry-free about making payment online since all the transactions are protected by top-class security offered by Apple.
On the other hand, customer would concern about information breach. A lot of customers are reluctant to try out mobile payment since they do not have trust that their confidential data are safe. For example, Facebook’s attempt to gain E-payment market share fail miserably when they introduced its mobile payment through Messengers given that they have bad reputation with data privacy. Customers do not want to use the payment since they are afraid their information will be leaked out.
In conclusion, even though there is concern over data breaching of mobile payment, using mobile phone to make payment has proven to be much more convenient and secured as compared to cash payment. There is no doubt that mobile payment will become better and smarter in the future.
Technology has become more and more advance over the last decade,
especially
mobile
phone
. A smart
phone
, nowadays, is capable at doing almost anything including making
payment
through apps. In this essay, I will discuss why the advantages of using E-payment is far greater than its disadvantage.
First
, making
payment
through mobile
phone
is always more convenient than cash
payment
.
For example
, we
only
need carry our
phone
whenever we go out to
make
purchase
because
our banking
information
are stored
and completed
seamlessly
within the device. The second advantage of using mobile
phone
as daily
payment
method is security.
A lot of
apps and mobile
phone
companies
equip their state-of-the-art security system to protect the
customers
information
from fraudulent activities.
For instance
, Apple
customers
are worry-free about making
payment
online since all the transactions
are protected
by top-
class
security offered by Apple.
On the other hand
,
customer
would concern about
information
breach.
A lot of
customers
are reluctant to try out mobile
payment
since they do not have trust that their confidential data are safe.
For example
, Facebook’s attempt to gain E-payment market share fail
miserably
when they introduced its mobile
payment
through Messengers
given
that they have
bad
reputation with data privacy.
Customers
do not want to
use
the
payment
since they are afraid their
information
will
be leaked
out.
In conclusion
,
even though
there is concern over data breaching of mobile
payment
, using mobile
phone
to
make
payment
has proven to be much more convenient and secured as compared to cash
payment
. There is no doubt that mobile
payment
will become better and smarter in the future.