They allure us to utilize them in everyday life. To begin with the demerits , first of all, if the society goes cashless altogether, it can become more spend-thrift. Like us on Facebook. Answer Checking , Blog. Since they eliminate the need to carry cash in the wallet, they protect the users from the risk of getting robed. These days, there are Smartphone cases available, which have a card pocket made in them. You are commenting using your Twitter account.

As part of a class assignment you have to write about the following topic: We can easily sum up bills in one payment, efficiently manage accounts and even pick up a luxury handbag or any other product from an overseas website and pay online. Write about the following topic: You are commenting using your Facebook account. Notify me of follow-up comments by email.

In this modern world, it is an ielhs fact that our world is becoming rapidly cashless and people have started giving priority to inline transactions.

ielts essay cashless society

Computer systems go down, and they go down frequently and at the most cashlezs times. They allure us to utilize them in everyday life. Secondly we are relying on the transactions to be be faultless, yet how many times have our telecoms, such as Telstra and Vodaphone gone down. You are commenting using your WordPress.

PTE Sample Essay- Advantages & Disadvantages of Cashless Society

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This is because they are accustomed to paper money and new cashless credit and debit card transactions require password skciety and internet devices. Due to system error or malware, some payments may go to the wrong account.

ielts essay cashless society

Credit cards and digital transactions minimize the danger of carrying high volumes of cash. It would appear that we have very short memories, regarding exactly who controls the cash transactions in this country ie. With the technological advancements in the banking system, nowadays people are presented with numerous ways of paying for purchases.

PTE Sample Essay- Advantages & Disadvantages of Cashless Society

Being the part of this modern world is full of good and bad deeds. Thus, a cashless society is less secure than a cash-rich society in which frauds are far less. Also, there are many systems where the electronic plastic money is not in practice. First of all, using plastic money removes the risk of carrying cash.

IELTS:Cash and coins will be replaced by credit cards in the ve/Negative

More essays by this user: This event would, eventually, create a safer and convenient environment for the community. It has some disadvantageous too. Credit cards have both advantages and wssay.

ielts essay cashless society

Even so, in my opinion, a cashless society is not a realistic idea. It is convenient that just by surfing online, one can do the payment of the airplane or the railway ticket. Learn how your comment data is processed. For instance, one need not keep the record of each and every spending as they can get the statement of this through net-banking anytime and of any period. Is assessment through formal written examination still valid I partially agree with this perspective. A wise spender, however, can use the card to their advantage.


Leave a Reply Cancel reply Your email address will not be published. In conclusion, becoming cashless brings in just a few disadvantages, but if people stay more conscious, they can avail a plethora of its advantages. essy

Recent Posts Essay — Some people believe that university students should be required to attend classes. Credit cards play a crucial role in our economy by enabling cash less payments.

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It is better to apply them carefully than to regret at the end of the day. No doubt, nowadays cyber laws have been introduced but there has been a tremendous rise in the online fraud which cannot be detected easily. This is possible iflts of credit cards. Your email address will not be essy. Also using the credit card is very tempting and often leads to needless shopping which increases the burden of the consumer.