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.
Electronic transactions are gradually replacing the traditional payment system. Presently, the use of credit and debit cards are on the rise. Therefore, the importance of the banknotes and coins is on the back seat. The transformation to the cashless society might be slow, but steady and widespread. In this essay, we will discuss both the merits and demerits of this trend.
There are many advantages to this phenomenon. First and foremost, plastic money brings more safety in human life, and they rarely become the victim of a robbery. Moreover, it has become pretty easy to shop and to pay for the utility bills using plastic money. The E-Commerce industry has also flourished with this trend and many people have their online business without any brick and mortar shops.
On the contrary, these trends also have some drawbacks. However, we can use the credit and debit cards due to the technological advancements, but the primary threat to such payment mode is cyber security and hacking. For Example, once the card is cloned or its sensitive data is hacked, the owner would suffer huge financial losses.
To conclude, Although, there are some adverse effects associated with the credit card payment, Nevertheless, the use of plastic money for making and receiving payment is still essential in this modern world. It provides a plethora of advantage, but we have to careful of its use.
| Post date | Users | Rates | Link to Content |
|---|---|---|---|
| 2019-10-23 | prabhpreet kaur | 56 | view |
| 2018-05-22 | Fahad Arif | 84 | view |
| 2017-10-27 | EugeneDubinchuk | 75 | view |
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Transition Words or Phrases used:
also, but, first, however, if, moreover, nevertheless, so, still, therefore, for example, on the contrary
Attributes: Values AverageValues Percentages(Values/AverageValues)% => Comments
Performance on Part of Speech:
To be verbs : 10.0 13.1623246493 76% => OK
Auxiliary verbs: 4.0 7.85571142285 51% => OK
Conjunction : 16.0 10.4138276553 154% => OK
Relative clauses : 0.0 7.30460921844 0% => More relative clauses wanted.
Pronoun: 15.0 24.0651302605 62% => OK
Preposition: 24.0 41.998997996 57% => More preposition wanted.
Nominalization: 6.0 8.3376753507 72% => OK
Performance on vocabulary words:
No of characters: 1170.0 1615.20841683 72% => OK
No of words: 230.0 315.596192385 73% => More content wanted.
Chars per words: 5.08695652174 5.12529762239 99% => OK
Fourth root words length: 3.89432290496 4.20363070211 93% => OK
Word Length SD: 2.67494147773 2.80592935109 95% => OK
Unique words: 142.0 176.041082164 81% => More unique words wanted.
Unique words percentage: 0.617391304348 0.561755894193 110% => OK
syllable_count: 369.0 506.74238477 73% => OK
avg_syllables_per_word: 1.6 1.60771543086 100% => OK
A sentence (or a clause, phrase) starts by:
Pronoun: 5.0 5.43587174349 92% => OK
Article: 6.0 2.52805611222 237% => Less articles wanted as sentence beginning.
Subordination: 0.0 2.10420841683 0% => More adverbial clause wanted.
Conjunction: 4.0 0.809619238477 494% => Less conjunction wanted as sentence beginning.
Preposition: 3.0 4.76152304609 63% => OK
Performance on sentences:
How many sentences: 14.0 16.0721442886 87% => OK
Sentence length: 16.0 20.2975951904 79% => The Avg. Sentence Length is relatively short.
Sentence length SD: 43.4393783546 49.4020404114 88% => OK
Chars per sentence: 83.5714285714 106.682146367 78% => OK
Words per sentence: 16.4285714286 20.7667163134 79% => OK
Discourse Markers: 7.5 7.06120827912 106% => OK
Paragraphs: 4.0 4.38176352705 91% => OK
Language errors: 0.0 5.01903807615 0% => OK
Sentences with positive sentiment : 8.0 8.67935871743 92% => OK
Sentences with negative sentiment : 2.0 3.9879759519 50% => More negative sentences wanted.
Sentences with neutral sentiment: 4.0 3.4128256513 117% => OK
What are sentences with positive/Negative/neutral sentiment?
Coherence and Cohesion:
Essay topic to essay body coherence: 0.236207463736 0.244688304435 97% => OK
Sentence topic coherence: 0.0719682945938 0.084324248473 85% => OK
Sentence topic coherence SD: 0.0555864306393 0.0667982634062 83% => OK
Paragraph topic coherence: 0.130833142948 0.151304729494 86% => OK
Paragraph topic coherence SD: 0.0300376498205 0.056905535591 53% => OK
Essay readability:
automated_readability_index: 10.8 13.0946893788 82% => Automated_readability_index is low.
flesch_reading_ease: 55.24 50.2224549098 110% => OK
smog_index: 3.1 7.44779559118 42% => Smog_index is low.
flesch_kincaid_grade: 9.5 11.3001002004 84% => OK
coleman_liau_index: 11.95 12.4159519038 96% => OK
dale_chall_readability_score: 9.03 8.58950901804 105% => OK
difficult_words: 67.0 78.4519038076 85% => OK
linsear_write_formula: 6.0 9.78957915832 61% => OK
gunning_fog: 8.4 10.1190380762 83% => OK
text_standard: 10.0 10.7795591182 93% => OK
What are above readability scores?
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More content wanted.
Minimum 250 words wanted.
Rates: 56.1797752809 out of 100
Scores by essay e-grader: 5.0 Out of 9
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Note: the e-grader does NOT examine the meaning of words and ideas. VIP users will receive further evaluations by advanced module of e-grader and human graders.