In a cashless society, people use more credit cards. What are the advantages and disadvantages of this phenomenon?
Recently, the phenomenon of using electronic payment instead of traditional methods and its corresponding impacts sparked a heated debate. Although contested by many that using credit cards is highly rewarding, such issue is regarded both thoroughly positive and constructive by a substantial number of individuals. I profoundly inclined to believe that such method could be more beneficiary for all members of the society, and this essay will examine both sides of this view by providing some academic evidence before concluding.
On the one hand, from the economic standpoint, using e-payment can bring many noticeable benefits for both card owners and society at the same time. Firstly, it could lead to a more secure trade for customers. Secondly, it could be a suitable replacement for cash in this fast-changing world with regard to an international banking system. Lastly, due to an academic survey conducted by the University of Victoria, using debit and credit cards could lead to decline time wasting in the traffic jam which positively related to decreasing air pollution. Thus, beneficial ramifications both socially and environmentally can be seen.
On the other hand, some opponents stand against the idea of electronic payment. They use some valid logic to support their idea. Furthermore, based on some online attacks to the online payment websites, they argued that this method could be a weak point for trade. Moreover, due to a technical survey, taking part in a prestigious financial institution in 2016, cyber-attacks have become a serious issue during these days which could lead to financial collapse for many businesses.
To recapitulate, I pen down saying that using credit systems instead of cash could be beneficial and its advantages far outweigh its drawbacks. However, governments should have risen the public awareness about possible dangers and frauds which may happen to them.
Transition Words or Phrases used:
first, firstly, furthermore, however, if, lastly, may, moreover, second, secondly, so, thus, with regard to, on the other hand
Attributes: Values AverageValues Percentages(Values/AverageValues)% => Comments
Performance on Part of Speech:
To be verbs : 7.0 10.5418719212 66% => OK
Auxiliary verbs: 12.0 6.10837438424 196% => OK
Conjunction : 8.0 8.36945812808 96% => OK
Relative clauses : 7.0 5.94088669951 118% => OK
Pronoun: 20.0 20.9802955665 95% => OK
Preposition: 39.0 31.9359605911 122% => OK
Nominalization: 8.0 5.75862068966 139% => OK
Performance on vocabulary words:
No of characters: 1622.0 1207.87684729 134% => OK
No of words: 299.0 242.827586207 123% => OK
Chars per words: 5.42474916388 5.00649968141 108% => OK
Fourth root words length: 4.1583189471 3.92707691288 106% => OK
Word Length SD: 2.95693409555 2.71678728327 109% => OK
Unique words: 186.0 139.433497537 133% => OK
Unique words percentage: 0.622073578595 0.580463131201 107% => OK
syllable_count: 505.8 379.143842365 133% => OK
avg_syllables_per_word: 1.7 1.57093596059 108% => OK
A sentence (or a clause, phrase) starts by:
Pronoun: 6.0 4.6157635468 130% => OK
Article: 1.0 1.56157635468 64% => OK
Subordination: 1.0 1.71428571429 58% => OK
Conjunction: 1.0 0.931034482759 107% => OK
Preposition: 4.0 3.65517241379 109% => OK
Performance on sentences:
How many sentences: 14.0 12.6551724138 111% => OK
Sentence length: 21.0 20.5024630542 102% => OK
Sentence length SD: 53.776227583 50.4703680194 107% => OK
Chars per sentence: 115.857142857 104.977214359 110% => OK
Words per sentence: 21.3571428571 20.9669160288 102% => OK
Discourse Markers: 9.0 7.25397266985 124% => 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 : 3.0 2.75862068966 109% => 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: 0.145446092138 0.242375264174 60% => OK
Sentence topic coherence: 0.0475180717238 0.0925447433944 51% => OK
Sentence topic coherence SD: 0.038979170928 0.071462118173 55% => OK
Paragraph topic coherence: 0.0906405962973 0.151781067708 60% => OK
Paragraph topic coherence SD: 0.0493625340842 0.0609392437508 81% => OK
Essay readability:
automated_readability_index: 14.8 12.6369458128 117% => OK
flesch_reading_ease: 41.7 53.1260098522 78% => OK
smog_index: 8.8 6.54236453202 135% => OK
flesch_kincaid_grade: 12.7 10.9458128079 116% => OK
coleman_liau_index: 14.16 11.5310837438 123% => OK
dale_chall_readability_score: 10.06 8.32886699507 121% => OK
difficult_words: 102.0 55.0591133005 185% => OK
linsear_write_formula: 15.0 9.94827586207 151% => OK
gunning_fog: 10.4 10.3980295567 100% => OK
text_standard: 15.0 10.5123152709 143% => OK
What are above readability scores?
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Rates: 88.8888888889 out of 100
Scores by essay e-grader: 80.0 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.