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 is a cashless society whether good or bad. we will discuss both sides in this essay.

To begin with, there are number of advantages of internet banking. Now day's time is a biggest valuable for everyone, hence each one of us want to save it by avoiding, unwanted things to remove from schedule, completing their work in minimum period. I would like to mention here, a recent survey conducted by World bank, it has been observed that 50% of population is using e-wallet instead of traditional baking method. new techniques saves time, money and with excellent safety. In linked to above, in current scenario each organization is offering to customer below mentioned things i.e. safety, time saving, assured cash back to each entry and giving these service the banking sector is increasing their business. Also we need to change ourselves as per new invention and requirement.

Another side of the cashless society, there are numerous of example of theft occurred though online by jamming internet and credit, debit credentials. hacking is current ongoing trend which impacting on services. A known example is, in last year summer 2019, Swiss bank account hacked by hackers and stole million of dollar and no any clue found to trace it. Multiple thread calls receiving to users, asking for credit, debit card details, some of them are unaware about the system and they gave the information asked by fake person and they loot it.

In conclusion, there are number advantages & disadvantages of cashless society. However, we can say that all's well that ends well.

Votes
Average: 7.7 (1 vote)
Essay Categories

Comments

Grammar and spelling errors:
Line 1, column 92, Rule ID: UPPERCASE_SENTENCE_START
Message: This sentence does not start with an uppercase letter
Suggestion: We
...a cashless society whether good or bad. we will discuss both sides in this essay. ...
^^
Line 3, column 85, Rule ID: THE_SUPERLATIVE[1]
Message: Use 'the' with the superlative.
Suggestion: the
...s of internet banking. Now days time is a biggest valuable for everyone, hence ea...
^
Line 3, column 421, Rule ID: UPPERCASE_SENTENCE_START
Message: This sentence does not start with an uppercase letter
Suggestion: New
...t instead of traditional baking method. new techniques saves time, money and with e...
^^^
Line 3, column 718, Rule ID: SENT_START_CONJUNCTIVE_LINKING_ADVERB_COMMA[1]
Message: Did you forget a comma after a conjunctive/linking adverb?
Suggestion: Also,
...ng sector is increasing their business. Also we need to change ourselves as per new ...
^^^^
Line 3, column 758, Rule ID: NEW_XX[1]
Message: Use simply 'invention'.
Suggestion: invention
...Also we need to change ourselves as per new invention and requirement. Another side of the...
^^^^^^^^^^^^^
Line 5, column 152, Rule ID: UPPERCASE_SENTENCE_START
Message: This sentence does not start with an uppercase letter
Suggestion: Hacking
...internet and credit, debit credentials. hacking is current ongoing trend which impactin...
^^^^^^^
Line 5, column 307, Rule ID: NODT_DOZEN[1]
Message: Use simply: 'a million'.
Suggestion: a million
...ank account hacked by hackers and stole million of dollar and no any clue found to trac...
^^^^^^^
Line 5, column 329, Rule ID: NOW[2]
Message: Did you mean 'now' (=at this moment) instead of 'no' (negation)?
Suggestion: now
...hackers and stole million of dollar and no any clue found to trace it. Multiple th...
^^

Transition Words or Phrases used:
also, hence, however, so, well, in conclusion, to begin with

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

Performance on Part of Speech:
To be verbs : 12.0 10.5418719212 114% => OK
Auxiliary verbs: 4.0 6.10837438424 65% => OK
Conjunction : 9.0 8.36945812808 108% => OK
Relative clauses : 4.0 5.94088669951 67% => More relative clauses wanted.
Pronoun: 21.0 20.9802955665 100% => OK
Preposition: 42.0 31.9359605911 132% => OK
Nominalization: 6.0 5.75862068966 104% => OK

Performance on vocabulary words:
No of characters: 1348.0 1207.87684729 112% => OK
No of words: 266.0 242.827586207 110% => OK
Chars per words: 5.06766917293 5.00649968141 101% => OK
Fourth root words length: 4.03850299372 3.92707691288 103% => OK
Word Length SD: 2.59572989503 2.71678728327 96% => OK
Unique words: 191.0 139.433497537 137% => OK
Unique words percentage: 0.718045112782 0.580463131201 124% => OK
syllable_count: 420.3 379.143842365 111% => OK
avg_syllables_per_word: 1.6 1.57093596059 102% => OK

A sentence (or a clause, phrase) starts by:
Pronoun: 4.0 4.6157635468 87% => OK
Article: 3.0 1.56157635468 192% => OK
Subordination: 0.0 1.71428571429 0% => More adverbial clause wanted.
Conjunction: 0.0 0.931034482759 0% => OK
Preposition: 5.0 3.65517241379 137% => OK

Performance on sentences:
How many sentences: 14.0 12.6551724138 111% => OK
Sentence length: 19.0 20.5024630542 93% => OK
Sentence length SD: 60.9399587416 50.4703680194 121% => OK
Chars per sentence: 96.2857142857 104.977214359 92% => OK
Words per sentence: 19.0 20.9669160288 91% => OK
Discourse Markers: 4.28571428571 7.25397266985 59% => More transition words/phrases wanted.
Paragraphs: 4.0 4.12807881773 97% => OK
Language errors: 8.0 5.33497536946 150% => OK
Sentences with positive sentiment : 8.0 6.9802955665 115% => OK
Sentences with negative sentiment : 3.0 2.75862068966 109% => OK
Sentences with neutral sentiment: 3.0 2.91625615764 103% => OK
What are sentences with positive/Negative/neutral sentiment?

Coherence and Cohesion:
Essay topic to essay body coherence: 0.130368594321 0.242375264174 54% => OK
Sentence topic coherence: 0.0485217359082 0.0925447433944 52% => OK
Sentence topic coherence SD: 0.0831002471105 0.071462118173 116% => OK
Paragraph topic coherence: 0.0862756565395 0.151781067708 57% => OK
Paragraph topic coherence SD: 0.052229970274 0.0609392437508 86% => OK

Essay readability:
automated_readability_index: 11.9 12.6369458128 94% => Automated_readability_index is low.
flesch_reading_ease: 52.19 53.1260098522 98% => OK
smog_index: 3.1 6.54236453202 47% => Smog_index is low.
flesch_kincaid_grade: 10.7 10.9458128079 98% => OK
coleman_liau_index: 12.13 11.5310837438 105% => OK
dale_chall_readability_score: 9.33 8.32886699507 112% => OK
difficult_words: 80.0 55.0591133005 145% => OK
linsear_write_formula: 8.0 9.94827586207 80% => OK
gunning_fog: 9.6 10.3980295567 92% => OK
text_standard: 10.0 10.5123152709 95% => OK
What are above readability scores?

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