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

Nowadays, credit cards and digital payment methods are replacing conventional payments through cash. Even though cashless transactions has myriad advantages, they also have some drawbacks. This essay will discuss the advantages and disadvantages of the cashless society.

Firstly, there are myriad advantages with respect to cashless society. To begin with, people need not carry cash for their shopping needs. Instead, credit cards are convenient to carry and the transactions are relatively simpler. In addition, since the transactions are digital, it reduces the chance of frauds and the banks will have the complete list of transactions made by a user. This helps in reducing the black money and thus boosting the economy of the country.

Even though there are myriad advantages of cashless society, there are a few disadvantages associated with cashless society. As the transactions are completely digital and computerised, it poses a threat to the security. For instance, there are heavy chances that a bank account's safety could be compromised. In addition, people in the villages of developing countries do not know how to use credit cards. This also poses a threat when they accidentally divulge the secret number of their credit cards and losing their hard earned money.

This essay discussed the advantages and disadvantages of using credit cards. Even though there are certain drawbacks in the cashless society, the advantages outweigh the drawbacks of the cashless society.

Votes
Average: 8.3 (6 votes)
Essay Categories

Transition Words or Phrases used:
also, first, firstly, so, thus, for instance, in addition, to begin with, with respect to

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

Performance on Part of Speech:
To be verbs : 11.0 10.5418719212 104% => OK
Auxiliary verbs: 4.0 6.10837438424 65% => OK
Conjunction : 8.0 8.36945812808 96% => OK
Relative clauses : 2.0 5.94088669951 34% => More relative clauses wanted.
Pronoun: 12.0 20.9802955665 57% => OK
Preposition: 25.0 31.9359605911 78% => OK
Nominalization: 4.0 5.75862068966 69% => OK

Performance on vocabulary words:
No of characters: 1266.0 1207.87684729 105% => OK
No of words: 230.0 242.827586207 95% => More content wanted.
Chars per words: 5.50434782609 5.00649968141 110% => OK
Fourth root words length: 3.89432290496 3.92707691288 99% => OK
Word Length SD: 2.86885366672 2.71678728327 106% => OK
Unique words: 118.0 139.433497537 85% => More unique words wanted.
Unique words percentage: 0.513043478261 0.580463131201 88% => More unique words wanted or less content wanted.
syllable_count: 383.4 379.143842365 101% => OK
avg_syllables_per_word: 1.7 1.57093596059 108% => OK

A sentence (or a clause, phrase) starts by:
Pronoun: 7.0 4.6157635468 152% => OK
Article: 1.0 1.56157635468 64% => OK
Subordination: 5.0 1.71428571429 292% => Less adverbial clause wanted.
Conjunction: 0.0 0.931034482759 0% => OK
Preposition: 4.0 3.65517241379 109% => OK

Performance on sentences:
How many sentences: 15.0 12.6551724138 119% => OK
Sentence length: 15.0 20.5024630542 73% => The Avg. Sentence Length is relatively short.
Sentence length SD: 24.1921934149 50.4703680194 48% => The essay contains lots of sentences with the similar length. More sentence varieties wanted.
Chars per sentence: 84.4 104.977214359 80% => OK
Words per sentence: 15.3333333333 20.9669160288 73% => OK
Discourse Markers: 5.93333333333 7.25397266985 82% => OK
Paragraphs: 4.0 4.12807881773 97% => OK
Language errors: 0.0 5.33497536946 0% => OK
Sentences with positive sentiment : 9.0 6.9802955665 129% => OK
Sentences with negative sentiment : 5.0 2.75862068966 181% => 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: 0.380834645804 0.242375264174 157% => OK
Sentence topic coherence: 0.135464247089 0.0925447433944 146% => OK
Sentence topic coherence SD: 0.137214507627 0.071462118173 192% => OK
Paragraph topic coherence: 0.271792363962 0.151781067708 179% => OK
Paragraph topic coherence SD: 0.118404461007 0.0609392437508 194% => OK

Essay readability:
automated_readability_index: 12.1 12.6369458128 96% => OK
flesch_reading_ease: 47.79 53.1260098522 90% => OK
smog_index: 8.8 6.54236453202 135% => OK
flesch_kincaid_grade: 10.3 10.9458128079 94% => OK
coleman_liau_index: 14.03 11.5310837438 122% => OK
dale_chall_readability_score: 8.16 8.32886699507 98% => OK
difficult_words: 55.0 55.0591133005 100% => OK
linsear_write_formula: 7.0 9.94827586207 70% => OK
gunning_fog: 8.0 10.3980295567 77% => OK
text_standard: 9.0 10.5123152709 86% => OK
What are above readability scores?

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Rates: 55.5555555556 out of 100
Scores by essay e-grader: 50.0 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.