In a cashless society, people use more credit cards. What are the advantages and disadvantages of this phenomenon?

Essay topics:

In a cashless society, people use more credit cards.

What are the advantages and disadvantages of this phenomenon?

Plastic money is replacing physical currency quickly from the market. Some people argue that card will predominantly take place over physical money. Others argue that it's physical money always be there in the market. This essay will suggest that the biggest advantage after the introduction of the card is that individuals do not have to carry currency and security threat is the primary disadvantage.

After financial institutions inducted a card in the market, It has innumerable benefits. However, first and foremost is that individual can roam hassle-free without any headache of carrying currency. For instance, Data presented by Central Bank of India and it shows that the graph shows that online transaction payments have increased drastically compare to the previous quarter.

Despite these advantages, a major security threat associated with the users. There is a major drawback that nowaday smart technical thieves are hovering in the market and they can easily do cloning of these cards. Therefore, they steal the whole money of your card either by withdrawing online or from ATM at one go. For example, According to a report from American Express, one of the biggest credit card company due to fraud in America millions of rupees have been stolen from people account.

In conclusion, card facilitate individual innumerable benefits, however, people have to be vigilant and cautious at the same time to avoid any risk.

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Average: 1.1 (1 vote)
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Essays by user shyamsingh08 :

Comments

Grammar and spelling errors:
Line 3, column 1, Rule ID: WHITESPACE_RULE
Message: Possible typo: you repeated a whitespace
Suggestion:
...y threat is the primary disadvantage. After financial institutions inducted a ...
^^^^

Transition Words or Phrases used:
first, however, so, therefore, for example, for instance, in conclusion

Attributes: Values AverageValues Percentages(Values/AverageValues)% => Comments

Performance on Part of Speech:
To be verbs : 9.0 10.5418719212 85% => OK
Auxiliary verbs: 4.0 6.10837438424 65% => OK
Conjunction : 6.0 8.36945812808 72% => OK
Relative clauses : 8.0 5.94088669951 135% => OK
Pronoun: 17.0 20.9802955665 81% => OK
Preposition: 32.0 31.9359605911 100% => OK
Nominalization: 3.0 5.75862068966 52% => More nominalizations (nouns with a suffix like: tion ment ence ance) wanted.

Performance on vocabulary words:
No of characters: 1220.0 1207.87684729 101% => OK
No of words: 228.0 242.827586207 94% => More content wanted.
Chars per words: 5.35087719298 5.00649968141 107% => OK
Fourth root words length: 3.88582923847 3.92707691288 99% => OK
Word Length SD: 2.72716392123 2.71678728327 100% => OK
Unique words: 139.0 139.433497537 100% => OK
Unique words percentage: 0.609649122807 0.580463131201 105% => OK
syllable_count: 385.2 379.143842365 102% => OK
avg_syllables_per_word: 1.7 1.57093596059 108% => OK

A sentence (or a clause, phrase) starts by:
Pronoun: 3.0 4.6157635468 65% => OK
Article: 1.0 1.56157635468 64% => OK
Subordination: 1.0 1.71428571429 58% => OK
Conjunction: 0.0 0.931034482759 0% => OK
Preposition: 4.0 3.65517241379 109% => OK

Performance on sentences:
How many sentences: 12.0 12.6551724138 95% => OK
Sentence length: 19.0 20.5024630542 93% => OK
Sentence length SD: 43.2925288653 50.4703680194 86% => OK
Chars per sentence: 101.666666667 104.977214359 97% => OK
Words per sentence: 19.0 20.9669160288 91% => OK
Discourse Markers: 5.91666666667 7.25397266985 82% => OK
Paragraphs: 4.0 4.12807881773 97% => OK
Language errors: 1.0 5.33497536946 19% => OK
Sentences with positive sentiment : 4.0 6.9802955665 57% => More positive sentences wanted.
Sentences with negative sentiment : 6.0 2.75862068966 217% => Less negative sentences wanted.
Sentences with neutral sentiment: 2.0 2.91625615764 69% => OK
What are sentences with positive/Negative/neutral sentiment?

Coherence and Cohesion:
Essay topic to essay body coherence: 0.0662068267993 0.242375264174 27% => The similarity between the topic and the content is low.
Sentence topic coherence: 0.0214276472997 0.0925447433944 23% => Sentence topic similarity is low.
Sentence topic coherence SD: 0.0270284367365 0.071462118173 38% => Sentences are similar to each other.
Paragraph topic coherence: 0.0367633735233 0.151781067708 24% => Maybe some paragraphs are off the topic.
Paragraph topic coherence SD: 0.0227961527628 0.0609392437508 37% => Paragraphs are similar to each other. Some content may get duplicated or it is not exactly right on the topic.

Essay readability:
automated_readability_index: 13.3 12.6369458128 105% => OK
flesch_reading_ease: 43.73 53.1260098522 82% => OK
smog_index: 8.8 6.54236453202 135% => OK
flesch_kincaid_grade: 11.9 10.9458128079 109% => OK
coleman_liau_index: 13.75 11.5310837438 119% => OK
dale_chall_readability_score: 9.43 8.32886699507 113% => OK
difficult_words: 70.0 55.0591133005 127% => OK
linsear_write_formula: 7.0 9.94827586207 70% => OK
gunning_fog: 9.6 10.3980295567 92% => OK
text_standard: 14.0 10.5123152709 133% => OK
What are above readability scores?

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It is not exactly right on the topic in the view of e-grader. Maybe there is a wrong essay topic.

Rates: 11.1111111111 out of 100
Scores by essay e-grader: 10.0 Out of 90
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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.