Coins and paper money will soon be replaced by credit and bank cards

plastic money has replaced paper money

In conclusion, it seems to me that plastic money improves our life and a society without cash will be coming soon. Thus, people eventually embrace the modern method of payment to be able to participate in online commerce. Eventually we will have a cashless society which will be safer and more convenient for everyone.

Others, however, disagree and think, that it is not a good time to stop using coins and paper money. Sample essay The popularity of credit and debit cards has increased tremendously over the years. The existence of thieves and hackers all over the globe makes it risky to just rely on the use of these credit and debit cards. Hackers are after your credit card details and security breaches can wipe the entire amount in your bank accounts. Paper money and metal coins have long been used as a medium of exchange and a standard of value in almost all societies. So atlast to solve people's problems in carrying money with them, banks with the help of Government introduced Credit cards and other bank cards. Not a thing. So due to all these benefits Credit Cards are becoming more and more common these days. Eventually, we will have cashless society which will be safer and more convenient to everyone. Finally, this trend will lead us to a new generation of cashless society. Nevertheless, there are powerful arguments for the plastic money. For example, we can use cards not only for payment in the shops, but for on-line shopping as well. Moreover, it is a long lasting process because it never be destoy or money is saving entire the life. Write at least words.

So atlast to solve people's problems in carrying money with them, banks with the help of Government introduced Credit cards and other bank cards. Many people think, that plastic cards and other new money systems will replace traditional money soon. It is often said that electronically operated banking cards will displace the use of paper money and coins.

Sample essay The popularity of credit and debit cards has increased tremendously over the years. There are various advantages of modern monetary exchange. An example is one which is specific in nature. Coin collectors for example will inevitably get hurt after entire replacement of traditional money and coins. It would be a much easier job for thieves since they will only need to get a single card in order to access all of the person's money. In conclusion, the modern monetary exchange has certainly benefited people by bringing convenience and avoiding certain problems from using paper money and coins. Others, however, disagree and think, that it is not a good time to stop using coins and paper money.

Nevertheless, weighing both the options,I believe that there is no single conclusion still, I take this an effective clap require the use of both hands So, having plastic and paper money have equal share in our daily activities according to the situation.

So we can say that a time will come when we will see no coins and paper money.

DO you agree or disagree that eventually we will have a cashless society which will be safer and more convenient for everyone? They face a lot of problems whenever they need to buy some expensive things. Many small businesses do not have the technology required to accept cash payments. You do not need to keep cash on you all the time, so if you lose your wallet, you do not lose all your money, because cards are easily replaced by the banks. Furthermore, the safety features of modern monetary exchange will be invaluable for people who want to keep their hard earned money safe. There are various advantages of modern monetary exchange. This might change in the future, but until everyone has the facility to accept cards, they are not going to replace traditional currency. Firstly, it is now increasingly common for people to shop online where they cannot use paper money and coins to pay. This is, again, not an example. If there were no credit cards, the e-commerce industry would not develop at this pace. However, there are still a lot of people who are not computer literate and are not knowledgeable of recent technologies. Cards eliminate this need. These credit cards are used in such a way that when one uses the card, the bank pays the amount on his behalf. See 2. Furthermore, the use of credit and debit cards entail the use of mobile apps for online banking and monitoring.

For example, a recent U. Firstly, it is now increasingly common for people to shop online where they cannot use paper money and coins to pay.

nowadays plastic money replaced by paper money discuss the advantages and disadvantage of this

For example, several none HTTP let us keep it as less technical as possible. Hackers are after your credit card details and security breaches can wipe the entire amount in your bank accounts. And thanks to security measures like two-factor identification card payments have become much safer over the years.

For instance, the given topic asserts that which raises question whether which is considered to be a effective; paper bucks or credit cards?

ielts writing task 2 credit cards

It is a fact that we live in a corrupt society.

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Coins and paper money will soon be replaced by credit and back cards