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?

One of the most conspicuous trends of today’s world is a colossal upsurge in seeing many people using credit cards in modern world for shopping in over the world. There is a widespread worry that this would only lead to a myriad of concerns. In my opinion, this apprehension is unwarranted and so should be rejected.
There are a number of arguments in favour of my stance. The most preponderant one is that credit card is the quickest and easiest way to make payment. Not only can costumers feel save without having to keep cash with them, but businesses can also stay save by not keeping cash on the promises. Many state-of-the-art banks allow their customers to use their phone application to cancel a lost card, which virtually take no time. Needless to say, all these benefits stand customers in good stead as far as convenience is concerned.
There are, however some pitfall that can easily overwhelm the potential benefits of using bank card. Primarily, as the more people use their cards and the more activity can be tracked by their financial institutions. And there is always a risk of the databases getting hacked and personal financial information being stolen. Hence, it is apparent why many are against a cashless society.
In view of the arguments outlined above, one can conclude that despite having some drawbacks, the benefits of using credit cards in enhancing the safety, convenience is instrumental indeed.

Votes
Average: 8.5 (1 vote)
Essay Categories

Comments

Grammar and spelling errors:
Line 4, column 190, Rule ID: WHITESPACE_RULE
Message: Possible typo: you repeated a whitespace
Suggestion:
...ty, convenience is instrumental indeed.
^^^

Transition Words or Phrases used:
also, but, hence, however, so, in my opinion

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

Performance on Part of Speech:
To be verbs : 15.0 10.5418719212 142% => OK
Auxiliary verbs: 7.0 6.10837438424 115% => OK
Conjunction : 6.0 8.36945812808 72% => OK
Relative clauses : 5.0 5.94088669951 84% => OK
Pronoun: 15.0 20.9802955665 71% => OK
Preposition: 33.0 31.9359605911 103% => OK
Nominalization: 5.0 5.75862068966 87% => OK

Performance on vocabulary words:
No of characters: 1198.0 1207.87684729 99% => OK
No of words: 240.0 242.827586207 99% => OK
Chars per words: 4.99166666667 5.00649968141 100% => OK
Fourth root words length: 3.93597934253 3.92707691288 100% => OK
Word Length SD: 2.80296222276 2.71678728327 103% => OK
Unique words: 144.0 139.433497537 103% => OK
Unique words percentage: 0.6 0.580463131201 103% => OK
syllable_count: 372.6 379.143842365 98% => OK
avg_syllables_per_word: 1.6 1.57093596059 102% => OK

A sentence (or a clause, phrase) starts by:
Pronoun: 2.0 4.6157635468 43% => OK
Article: 2.0 1.56157635468 128% => OK
Subordination: 1.0 1.71428571429 58% => OK
Conjunction: 2.0 0.931034482759 215% => Less conjunction wanted as sentence beginning.
Preposition: 2.0 3.65517241379 55% => More preposition wanted as sentence beginning.

Performance on sentences:
How many sentences: 13.0 12.6551724138 103% => OK
Sentence length: 18.0 20.5024630542 88% => OK
Sentence length SD: 38.3806842445 50.4703680194 76% => OK
Chars per sentence: 92.1538461538 104.977214359 88% => OK
Words per sentence: 18.4615384615 20.9669160288 88% => OK
Discourse Markers: 3.38461538462 7.25397266985 47% => More transition words/phrases wanted.
Paragraphs: 4.0 4.12807881773 97% => OK
Language errors: 1.0 5.33497536946 19% => OK
Sentences with positive sentiment : 7.0 6.9802955665 100% => OK
Sentences with negative sentiment : 4.0 2.75862068966 145% => OK
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: 0.162084863707 0.242375264174 67% => OK
Sentence topic coherence: 0.0522393582842 0.0925447433944 56% => OK
Sentence topic coherence SD: 0.0483336962867 0.071462118173 68% => OK
Paragraph topic coherence: 0.0967309975325 0.151781067708 64% => OK
Paragraph topic coherence SD: 0.0480462103865 0.0609392437508 79% => OK

Essay readability:
automated_readability_index: 11.3 12.6369458128 89% => Automated_readability_index is low.
flesch_reading_ease: 53.21 53.1260098522 100% => OK
smog_index: 3.1 6.54236453202 47% => Smog_index is low.
flesch_kincaid_grade: 10.3 10.9458128079 94% => OK
coleman_liau_index: 11.66 11.5310837438 101% => OK
dale_chall_readability_score: 8.48 8.32886699507 102% => OK
difficult_words: 60.0 55.0591133005 109% => OK
linsear_write_formula: 8.0 9.94827586207 80% => OK
gunning_fog: 9.2 10.3980295567 88% => OK
text_standard: 12.0 10.5123152709 114% => OK
What are above readability scores?

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

Rates: 85.0 out of 100
Scores by essay e-grader: 76.5 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.