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

Over the past few years, there has been a high degree of the ambivalence over this matter, whether usage of a credit card instead of cash for day to day payment is good or bad. Whereas some people say it is bad, I sanguinely believe that it is beneficial. This essay will further discuss the reasons to support this notion and then deduce a logical conclusion.

At the outset, there are myriads of reasons to support this notion, but one of the most compelling reason is that credit card payments are transparent to the government. On these payments, merchants will have to pay the tax to the government, which benefits the economy. Another Cogent reason is that people don't have to stand in the ATM queue to withdraw the cash. Hence, the beneficial ramification of the digital payment apparently can be seen.

On the contrary, some sceptics conjecture that digital payment creates more problems than the benefits. Some businessmen have complaints that their business has gone down since the usage of digital payment increased. Although it seems ostensibly veridical, this seems to be one side story. The problem seems to be only with the vendors who don't want to pay tax. Therefore, it is correct to presume a preconceived notion of the sceptics.

To conclude, where there are several compelling arguments from both the sides, I profoundly believe that the usage of credit card then cash for payments far outrights its drawback. Not only do the benefits of digital payment proves its significance, but also pinpoints the problem using payments with the cash.

Votes
Average: 5.5 (1 vote)
Essay Categories

Grammar and spelling errors:
Line 3, column 309, Rule ID: EN_CONTRACTION_SPELLING
Message: Possible spelling mistake found
Suggestion: don't
...y. Another Cogent reason is that people dont have to stand in the ATM queue to withd...
^^^^
Line 5, column 341, Rule ID: EN_CONTRACTION_SPELLING
Message: Possible spelling mistake found
Suggestion: don't
...m seems to be only with the vendors who dont want to pay tax. Therefore, it is corre...
^^^^

Transition Words or Phrases used:
also, apparently, but, hence, if, so, then, therefore, whereas, on the contrary

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

Performance on Part of Speech:
To be verbs : 13.0 10.5418719212 123% => OK
Auxiliary verbs: 3.0 6.10837438424 49% => OK
Conjunction : 4.0 8.36945812808 48% => More conjunction wanted.
Relative clauses : 9.0 5.94088669951 151% => OK
Pronoun: 21.0 20.9802955665 100% => OK
Preposition: 35.0 31.9359605911 110% => OK
Nominalization: 10.0 5.75862068966 174% => OK

Performance on vocabulary words:
No of characters: 1306.0 1207.87684729 108% => OK
No of words: 263.0 242.827586207 108% => OK
Chars per words: 4.96577946768 5.00649968141 99% => OK
Fourth root words length: 4.02706775958 3.92707691288 103% => OK
Word Length SD: 2.64885597941 2.71678728327 97% => OK
Unique words: 146.0 139.433497537 105% => OK
Unique words percentage: 0.555133079848 0.580463131201 96% => OK
syllable_count: 400.5 379.143842365 106% => OK
avg_syllables_per_word: 1.5 1.57093596059 95% => OK

A sentence (or a clause, phrase) starts by:
Pronoun: 5.0 4.6157635468 108% => 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: 5.0 3.65517241379 137% => OK

Performance on sentences:
How many sentences: 14.0 12.6551724138 111% => OK
Sentence length: 18.0 20.5024630542 88% => OK
Sentence length SD: 37.4817642736 50.4703680194 74% => OK
Chars per sentence: 93.2857142857 104.977214359 89% => OK
Words per sentence: 18.7857142857 20.9669160288 90% => OK
Discourse Markers: 5.64285714286 7.25397266985 78% => OK
Paragraphs: 4.0 4.12807881773 97% => OK
Language errors: 2.0 5.33497536946 37% => OK
Sentences with positive sentiment : 7.0 6.9802955665 100% => OK
Sentences with negative sentiment : 5.0 2.75862068966 181% => 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: 0.103386257205 0.242375264174 43% => OK
Sentence topic coherence: 0.0340533583251 0.0925447433944 37% => Sentence topic similarity is low.
Sentence topic coherence SD: 0.0283276596943 0.071462118173 40% => Sentences are similar to each other.
Paragraph topic coherence: 0.0636306578761 0.151781067708 42% => OK
Paragraph topic coherence SD: 0.0280192281218 0.0609392437508 46% => Paragraphs are similar to each other. Some content may get duplicated or it is not exactly right on the topic.

Essay readability:
automated_readability_index: 11.4 12.6369458128 90% => Automated_readability_index is low.
flesch_reading_ease: 61.67 53.1260098522 116% => OK
smog_index: 3.1 6.54236453202 47% => Smog_index is low.
flesch_kincaid_grade: 9.1 10.9458128079 83% => OK
coleman_liau_index: 11.55 11.5310837438 100% => OK
dale_chall_readability_score: 8.43 8.32886699507 101% => OK
difficult_words: 65.0 55.0591133005 118% => OK
linsear_write_formula: 10.5 9.94827586207 106% => OK
gunning_fog: 9.2 10.3980295567 88% => 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.