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. Include your personal opinion and examples based on your own experience.

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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. Include your personal opinion and examples based on your own experience.

It is well said that " money is not god but not less than god". Presently, the prevalence of using credit and debit cards is on the rise. Therefore, the importance of banknotes and coins is at the back seat. Here, I would like to account for both merits and demerits of this trend with my own perception.

There are manifold advantages of this phenomenon. First and foremost, the availability of credit and debit cards ensures the safety of people from the crime incidents since the illegal activities for the money are on the rise. To be specific, there is no need to carry cash in pockets whil...

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