In a cashless society, people use more credit cards. What are the advantages and disadvantages of this phenomenon?
Recently, the phenomenon of using credit cards instead of paper cash and its corresponding impacts has sparked a heated debate. Although contested by many that using cashless payment is highly rewarding, real numbers of individuals regard such issue as both constructive and positive. I am profoundly inclined to believe that purchasing items by electronic payment methods can be a plus, and this essay will check both sides of this view by providing some academic evidence before the conclusion.
From a social standpoint, electronic payment systems can offer the society with some noticeable effects, which are rooted in the fact that easy to use banking cards as well as a more secure method are extremely bound up. From my experience when I was an expert in the banking system and due to an academic survey conducted by a prestigious institute, online payment was becoming too popular among youngsters. Thus, the beneficial ramification of decreasing the use of paper-based financial transactions and saving the environment evidently can be seen.
Within the realm of the traditional economic system, some opponents tend to believe that using cashless payment methods could increase the chance of fraud in the different market. They support their idea though some valid logic related to bankruptcy after losing lots of money during online transactions. According to academic research conducted by Tehran University in 2015, the rate of Internet fraud in debit and credit cards are growing. However, every banking systems are increasingly becoming more secure today.
To recapitulate, I pen down saying that although there are some compelling arguments against using the cashless methods for payment, I strongly tend to support that using the electronic payment not only could be more secure than traditional way but also it could help the environment to be preserved from the extension.
Transition Words or Phrases used:
also, but, however, if, so, thus, well, as well as
Attributes: Values AverageValues Percentages(Values/AverageValues)% => Comments
Performance on Part of Speech:
To be verbs : 12.0 10.5418719212 114% => OK
Auxiliary verbs: 7.0 6.10837438424 115% => OK
Conjunction : 7.0 8.36945812808 84% => OK
Relative clauses : 8.0 5.94088669951 135% => OK
Pronoun: 17.0 20.9802955665 81% => OK
Preposition: 41.0 31.9359605911 128% => OK
Nominalization: 12.0 5.75862068966 208% => Less nominalizations (nouns with a suffix like: tion ment ence ance) wanted.
Performance on vocabulary words:
No of characters: 1604.0 1207.87684729 133% => OK
No of words: 298.0 242.827586207 123% => OK
Chars per words: 5.38255033557 5.00649968141 108% => OK
Fourth root words length: 4.15483772266 3.92707691288 106% => OK
Word Length SD: 2.84642891365 2.71678728327 105% => OK
Unique words: 179.0 139.433497537 128% => OK
Unique words percentage: 0.60067114094 0.580463131201 103% => OK
syllable_count: 503.1 379.143842365 133% => OK
avg_syllables_per_word: 1.7 1.57093596059 108% => OK
A sentence (or a clause, phrase) starts by:
Pronoun: 4.0 4.6157635468 87% => OK
Article: 3.0 1.56157635468 192% => OK
Subordination: 1.0 1.71428571429 58% => OK
Conjunction: 1.0 0.931034482759 107% => OK
Preposition: 5.0 3.65517241379 137% => OK
Performance on sentences:
How many sentences: 11.0 12.6551724138 87% => OK
Sentence length: 27.0 20.5024630542 132% => The Avg. Sentence Length is relatively long.
Sentence length SD: 61.6578133768 50.4703680194 122% => OK
Chars per sentence: 145.818181818 104.977214359 139% => OK
Words per sentence: 27.0909090909 20.9669160288 129% => OK
Discourse Markers: 4.54545454545 7.25397266985 63% => OK
Paragraphs: 4.0 4.12807881773 97% => OK
Language errors: 0.0 5.33497536946 0% => OK
Sentences with positive sentiment : 8.0 6.9802955665 115% => 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: 0.148530229837 0.242375264174 61% => OK
Sentence topic coherence: 0.0570221978656 0.0925447433944 62% => OK
Sentence topic coherence SD: 0.0369706844816 0.071462118173 52% => OK
Paragraph topic coherence: 0.0942041166388 0.151781067708 62% => OK
Paragraph topic coherence SD: 0.035509896609 0.0609392437508 58% => OK
Essay readability:
automated_readability_index: 17.5 12.6369458128 138% => OK
flesch_reading_ease: 35.61 53.1260098522 67% => OK
smog_index: 11.2 6.54236453202 171% => OK
flesch_kincaid_grade: 15.0 10.9458128079 137% => OK
coleman_liau_index: 14.22 11.5310837438 123% => OK
dale_chall_readability_score: 9.9 8.32886699507 119% => OK
difficult_words: 93.0 55.0591133005 169% => OK
linsear_write_formula: 14.5 9.94827586207 146% => OK
gunning_fog: 12.8 10.3980295567 123% => OK
text_standard: 15.0 10.5123152709 143% => OK
What are above readability scores?
---------------------
Rates: 88.8888888889 out of 100
Scores by essay e-grader: 80.0 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.