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?

Recently, the phenomenon of cashless society and its corresponding impacts has sparked a heated debate. Although contested by many that using the credit cards is highly beneficial, such issues are regarded thoroughly both constructive and positive by a substantial number of individuals. I am inclined that financial transaction can be a plus, and I will analyze that throughout this essay.

From socialist standpoint, electronic payment can provide the society with some noticeable effects which are rooted in the facts that paper money, as well as payment services, are inextricably bound up. According to my own experience, when I was a university student, I performed an academic experiment that discoverd using the electronic payment system advantageous. Thus, beneficial ramifications of both bank account and online shopping apparently can be seen.

Within the realm of transactions, payment services might increase the consequences of fraud. Moreover, fundamental aspects of using bank cards relate to this reality that the demerits of bank account pertain to client account. As a tangible example, a scientific research was undertaken by a prestigious university has asserted that the downside of online payments is correalted negatively to financial crimes. Hence, it is correct to presume the preconceived notion of using bank system.

To conclude, while there are several compelling arguments on both sides, I profoundly believe that the benefits of using credit cards far outweigh its drawbacks. Not only do the advantageous of bank cards prove the significance of payment, but also pinpoint cashless society implications.

Votes
Average: 8.8 (1 vote)
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Comments

Transition Words or Phrases used:
also, apparently, but, hence, if, moreover, so, thus, well, while, as well as

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

Performance on Part of Speech:
To be verbs : 11.0 10.5418719212 104% => OK
Auxiliary verbs: 5.0 6.10837438424 82% => OK
Conjunction : 5.0 8.36945812808 60% => More conjunction wanted.
Relative clauses : 10.0 5.94088669951 168% => OK
Pronoun: 19.0 20.9802955665 91% => OK
Preposition: 28.0 31.9359605911 88% => OK
Nominalization: 9.0 5.75862068966 156% => OK

Performance on vocabulary words:
No of characters: 1398.0 1207.87684729 116% => OK
No of words: 247.0 242.827586207 102% => OK
Chars per words: 5.65991902834 5.00649968141 113% => OK
Fourth root words length: 3.96437052324 3.92707691288 101% => OK
Word Length SD: 3.16271820973 2.71678728327 116% => OK
Unique words: 158.0 139.433497537 113% => OK
Unique words percentage: 0.63967611336 0.580463131201 110% => OK
syllable_count: 433.8 379.143842365 114% => OK
avg_syllables_per_word: 1.8 1.57093596059 115% => OK

A sentence (or a clause, phrase) starts by:
Pronoun: 4.0 4.6157635468 87% => OK
Article: 2.0 1.56157635468 128% => OK
Subordination: 5.0 1.71428571429 292% => Less adverbial clause wanted.
Conjunction: 2.0 0.931034482759 215% => Less conjunction wanted as sentence beginning.
Preposition: 4.0 3.65517241379 109% => OK

Performance on sentences:
How many sentences: 12.0 12.6551724138 95% => OK
Sentence length: 20.0 20.5024630542 98% => OK
Sentence length SD: 40.4401993346 50.4703680194 80% => OK
Chars per sentence: 116.5 104.977214359 111% => OK
Words per sentence: 20.5833333333 20.9669160288 98% => OK
Discourse Markers: 6.41666666667 7.25397266985 88% => OK
Paragraphs: 4.0 4.12807881773 97% => OK
Language errors: 0.0 5.33497536946 0% => OK
Sentences with positive sentiment : 6.0 6.9802955665 86% => OK
Sentences with negative sentiment : 2.0 2.75862068966 72% => OK
Sentences with neutral sentiment: 4.0 2.91625615764 137% => OK
What are sentences with positive/Negative/neutral sentiment?

Coherence and Cohesion:
Essay topic to essay body coherence: 0.13088802547 0.242375264174 54% => OK
Sentence topic coherence: 0.0454922133434 0.0925447433944 49% => OK
Sentence topic coherence SD: 0.0363686717268 0.071462118173 51% => OK
Paragraph topic coherence: 0.0824409641432 0.151781067708 54% => OK
Paragraph topic coherence SD: 0.0456751240217 0.0609392437508 75% => OK

Essay readability:
automated_readability_index: 15.5 12.6369458128 123% => OK
flesch_reading_ease: 34.26 53.1260098522 64% => OK
smog_index: 11.2 6.54236453202 171% => OK
flesch_kincaid_grade: 13.5 10.9458128079 123% => OK
coleman_liau_index: 15.55 11.5310837438 135% => OK
dale_chall_readability_score: 10.64 8.32886699507 128% => OK
difficult_words: 94.0 55.0591133005 171% => OK
linsear_write_formula: 11.5 9.94827586207 116% => OK
gunning_fog: 10.0 10.3980295567 96% => OK
text_standard: 12.0 10.5123152709 114% => 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.