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?

A matter of considerable controversy at present, whether people choose for modern cashless society i.e. wallet payment or should be dependent on the traditional method of using the hard cash. I would like to discuss both sides in the essay, considering the modern era, we should be carried forward about the new ideas and should be actively participated in it.

To begin with, there are numerous benefits of uses of cashless transactions in today's up running world. First of all, you doesn't need to carry anything rather than your beloved mobile phone, you can schedule the transaction as per your convenience and also start saving the money using the FD's (fixed Deposit) through cellphone only, no need to visit any bank between office hours or off-hours. people can you their credit card for local as well as international transactions at any movement. In this way, we can reduce the manpower load in the bank and there are manpower savings in bank staff.

On the other hand, while considering the benefits it looks like it is the inventions ever made; however there are some negative points also which are impacting on the persons life, such as the number of time you did transaction the fixed but some amount of money is charged as tax but in hard cash business it is rarely observed the tax applicable.

In conclusion, we can say that there are positive as well as negative points are there but need to walk with maximum points, hence we have more benefits in having a cashless society.

Votes
Average: 8.6 (3 votes)
This essay topic by users
Post date Users Rates Link to Content
2024-10-21 Rafia Jawad 75 view
2021-07-23 sahar.sharifi.1984 88 view
2021-07-23 sahar.sharifi.1984 85 view
2020-12-20 sadeghian_zhr@yahoo.com 88 view
2020-10-03 3pid 80 view
Essay Categories
Essays by user namdevjd1 :

Comments

Grammar and spelling errors:
Line 7, column 123, Rule ID: EN_CONTRACTION_SPELLING
Message: Possible spelling mistake found
Suggestion: doesn't
...ays up running world. First of all, you doesnt need to carry anything rather than your...
^^^^^^
Line 7, column 394, Rule ID: UPPERCASE_SENTENCE_START
Message: This sentence does not start with an uppercase letter
Suggestion: People
...bank between office hours or off-hours. people can you their credit card for local as ...
^^^^^^
Line 13, column 168, Rule ID: POSSESIVE_APOSTROPHE[2]
Message: Possible typo: apostrophe is missing. Did you mean 'persons'' or 'person's'?
Suggestion: persons'; person's
... points also which are impacting on the persons life, such as the number of time you di...
^^^^^^^

Transition Words or Phrases used:
also, but, first, hence, however, if, look, so, well, while, in conclusion, such as, as well as, first of all, to begin with, on the other hand

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

Performance on Part of Speech:
To be verbs : 12.0 10.5418719212 114% => OK
Auxiliary verbs: 11.0 6.10837438424 180% => OK
Conjunction : 8.0 8.36945812808 96% => OK
Relative clauses : 2.0 5.94088669951 34% => More relative clauses wanted.
Pronoun: 19.0 20.9802955665 91% => OK
Preposition: 37.0 31.9359605911 116% => OK
Nominalization: 5.0 5.75862068966 87% => OK

Performance on vocabulary words:
No of characters: 1256.0 1207.87684729 104% => OK
No of words: 258.0 242.827586207 106% => OK
Chars per words: 4.86821705426 5.00649968141 97% => OK
Fourth root words length: 4.00778971557 3.92707691288 102% => OK
Word Length SD: 2.55374593336 2.71678728327 94% => OK
Unique words: 155.0 139.433497537 111% => OK
Unique words percentage: 0.600775193798 0.580463131201 103% => OK
syllable_count: 391.5 379.143842365 103% => OK
avg_syllables_per_word: 1.5 1.57093596059 95% => OK

A sentence (or a clause, phrase) starts by:
Pronoun: 6.0 4.6157635468 130% => OK
Article: 1.0 1.56157635468 64% => OK
Subordination: 1.0 1.71428571429 58% => OK
Conjunction: 0.0 0.931034482759 0% => OK
Preposition: 5.0 3.65517241379 137% => OK

Performance on sentences:
How many sentences: 8.0 12.6551724138 63% => Need more sentences. Double check the format of sentences, make sure there is a space between two sentences, or have enough periods. And also check the lengths of sentences, maybe they are too long.
Sentence length: 32.0 20.5024630542 156% => The Avg. Sentence Length is relatively long.
Sentence length SD: 85.7823371971 50.4703680194 170% => OK
Chars per sentence: 157.0 104.977214359 150% => OK
Words per sentence: 32.25 20.9669160288 154% => OK
Discourse Markers: 17.875 7.25397266985 246% => Less transition words/phrases wanted.
Paragraphs: 4.0 4.12807881773 97% => OK
Language errors: 3.0 5.33497536946 56% => OK
Sentences with positive sentiment : 5.0 6.9802955665 72% => OK
Sentences with negative sentiment : 2.0 2.75862068966 72% => OK
Sentences with neutral sentiment: 1.0 2.91625615764 34% => More facts, knowledge or examples wanted.
What are sentences with positive/Negative/neutral sentiment?

Coherence and Cohesion:
Essay topic to essay body coherence: 0.119169520962 0.242375264174 49% => OK
Sentence topic coherence: 0.0550903054918 0.0925447433944 60% => OK
Sentence topic coherence SD: 0.0419779880177 0.071462118173 59% => OK
Paragraph topic coherence: 0.0631584044072 0.151781067708 42% => OK
Paragraph topic coherence SD: 0.0388697796072 0.0609392437508 64% => OK

Essay readability:
automated_readability_index: 17.6 12.6369458128 139% => OK
flesch_reading_ease: 47.46 53.1260098522 89% => OK
smog_index: 8.8 6.54236453202 135% => OK
flesch_kincaid_grade: 14.6 10.9458128079 133% => OK
coleman_liau_index: 11.56 11.5310837438 100% => OK
dale_chall_readability_score: 8.59 8.32886699507 103% => OK
difficult_words: 55.0 55.0591133005 100% => OK
linsear_write_formula: 14.0 9.94827586207 141% => OK
gunning_fog: 14.8 10.3980295567 142% => OK
text_standard: 15.0 10.5123152709 143% => OK
What are above readability scores?

---------------------

Rates: 77.7777777778 out of 100
Scores by essay e-grader: 70.0 Out of 90
---------------------
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.