In a cashless society people use more credit cards what are the advantages and advantages

Essay topics:

In a cashless society people use more credit cards.what are the advantages and advantages?

In today's fast paced world people often use credit card more and more for financial transactions than ever. The essay will discuss the advantages and disadvantages of this trend.

To begin with,the benefit of cashless mode of payment is convenience, as one can easily buy expensive goods from any place without worrying to carry the cash.With paperless money,people need not keep up bags or wallets containing money in it which expose them to the possibility of robbery.Also credit card are not only utilised for doing payments at malls and markets,but used for online transactions too.In internet shopping,there is option to break single large amount of a deal into multiple monthly installment this is another advantage which almost gives consumer liberty to buy anything. For example,the cost of Apple iPhone is very high for an average customer who pays by cash whereas it's easier to purchase the same phone by digital platforms using card payment.

On the other hand, the disadvantage of using credit card is financial identity theft which is on rise with the introduction of digital mode of payment.Hackers try to steal the crucial information related to the credit card and use them in a way which will economically disrupt the victim especially password or pin needed to use the card are stolen.Moreover,people are unaware of the fact that someone has stolen the essential piece of information and it only comes to light when they lose their bank balance.For example,in a survey conducted by cyber crime police station 65 % of people reported that money was stolen from their bank accounts through the card.

To conclude,I would like to reiterate that the ease of doing transaction with cashless facilities is enormous however one should be extremely cautious while using them.

Votes
Average: 8.4 (1 vote)
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Essays by user AlMightylord86 :

Comments

Grammar and spelling errors:
Line 1, column 180, Rule ID: WHITESPACE_RULE
Message: Possible typo: you repeated a whitespace
Suggestion:
...ntages and disadvantages of this trend. To begin with,the benefit of cashless mo...
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Line 3, column 14, Rule ID: COMMA_PARENTHESIS_WHITESPACE
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Suggestion: , the
...ntages of this trend. To begin with,the benefit of cashless mode of payment is ...
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Line 3, column 159, Rule ID: SENTENCE_WHITESPACE
Message: Add a space between sentences
Suggestion: With
...lace without worrying to carry the cash.With paperless money,people need not keep up...
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Line 3, column 179, Rule ID: COMMA_PARENTHESIS_WHITESPACE
Message: Put a space after the comma
Suggestion: , people
...g to carry the cash.With paperless money,people need not keep up bags or wallets contai...
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Line 3, column 291, Rule ID: SENTENCE_WHITESPACE
Message: Add a space between sentences
Suggestion: Also
...pose them to the possibility of robbery.Also credit card are not only utilised for d...
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Line 3, column 291, Rule ID: SENT_START_CONJUNCTIVE_LINKING_ADVERB_COMMA[1]
Message: Did you forget a comma after a conjunctive/linking adverb?
Suggestion: Also,
...pose them to the possibility of robbery.Also credit card are not only utilised for d...
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Line 3, column 369, Rule ID: COMMA_PARENTHESIS_WHITESPACE
Message: Put a space after the comma
Suggestion: , but
... for doing payments at malls and markets,but used for online transactions too.In int...
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Line 3, column 407, Rule ID: SENTENCE_WHITESPACE
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Suggestion: In
...ts,but used for online transactions too.In internet shopping,there is option to br...
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Line 3, column 427, Rule ID: COMMA_PARENTHESIS_WHITESPACE
Message: Put a space after the comma
Suggestion: , there
...ne transactions too.In internet shopping,there is option to break single large amount ...
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Line 3, column 607, Rule ID: COMMA_PARENTHESIS_WHITESPACE
Message: Put a space after the comma
Suggestion: , the
...mer liberty to buy anything. For example,the cost of Apple iPhone is very high for a...
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Line 3, column 698, Rule ID: WHITESPACE_RULE
Message: Possible typo: you repeated a whitespace
Suggestion:
...ge customer who pays by cash whereas its easier to purchase the same phone by dig...
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Line 5, column 152, Rule ID: SENTENCE_WHITESPACE
Message: Add a space between sentences
Suggestion: Hackers
...introduction of digital mode of payment.Hackers try to steal the crucial information re...
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Line 5, column 350, Rule ID: SENTENCE_WHITESPACE
Message: Add a space between sentences
Suggestion: Moreover
...r pin needed to use the card are stolen.Moreover,people are unaware of the fact that som...
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Line 5, column 358, Rule ID: COMMA_PARENTHESIS_WHITESPACE
Message: Put a space after the comma
Suggestion: , people
...eded to use the card are stolen.Moreover,people are unaware of the fact that someone ha...
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Line 5, column 510, Rule ID: SENTENCE_WHITESPACE
Message: Add a space between sentences
Suggestion: For
...light when they lose their bank balance.For example,in a survey conducted by cyber ...
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Line 5, column 521, Rule ID: COMMA_PARENTHESIS_WHITESPACE
Message: Put a space after the comma
Suggestion: , in
...they lose their bank balance.For example,in a survey conducted by cyber crime polic...
^^^
Line 7, column 12, Rule ID: COMMA_PARENTHESIS_WHITESPACE
Message: Put a space after the comma
Suggestion: , I
...counts through the card. To conclude,I would like to reiterate that the ease o...
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Line 7, column 170, Rule ID: WHITESPACE_RULE
Message: Possible typo: you repeated a whitespace
Suggestion:
...be extremely cautious while using them.
^^^^

Transition Words or Phrases used:
also, but, however, moreover, so, whereas, while, for example, to begin with, on the other hand

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

Performance on Part of Speech:
To be verbs : 12.0 13.1623246493 91% => OK
Auxiliary verbs: 6.0 7.85571142285 76% => OK
Conjunction : 8.0 10.4138276553 77% => OK
Relative clauses : 9.0 7.30460921844 123% => OK
Pronoun: 15.0 24.0651302605 62% => OK
Preposition: 47.0 41.998997996 112% => OK
Nominalization: 11.0 8.3376753507 132% => OK

Performance on vocabulary words:
No of characters: 1504.0 1615.20841683 93% => OK
No of words: 290.0 315.596192385 92% => More content wanted.
Chars per words: 5.18620689655 5.12529762239 101% => OK
Fourth root words length: 4.12666770723 4.20363070211 98% => OK
Word Length SD: 2.97081770631 2.80592935109 106% => OK
Unique words: 189.0 176.041082164 107% => OK
Unique words percentage: 0.651724137931 0.561755894193 116% => OK
syllable_count: 472.5 506.74238477 93% => OK
avg_syllables_per_word: 1.6 1.60771543086 100% => OK

A sentence (or a clause, phrase) starts by:
Pronoun: 1.0 5.43587174349 18% => OK
Article: 4.0 2.52805611222 158% => OK
Subordination: 1.0 2.10420841683 48% => OK
Conjunction: 1.0 0.809619238477 124% => OK
Preposition: 7.0 4.76152304609 147% => OK

Performance on sentences:
How many sentences: 6.0 16.0721442886 37% => Need more sentences. Double check the format of sentences, make sure there is a space between two sentences, or have enough periods. And also check the lengths of sentences, maybe they are too long.
Sentence length: 48.0 20.2975951904 236% => The Avg. Sentence Length is relatively long.
Sentence length SD: 237.74402668 49.4020404114 481% => The lengths of sentences changed so frequently.
Chars per sentence: 250.666666667 106.682146367 235% => Less chars_per_sentence wanted.
Words per sentence: 48.3333333333 20.7667163134 233% => Less words per sentence wanted.
Discourse Markers: 15.8333333333 7.06120827912 224% => Less transition words/phrases wanted.
Paragraphs: 4.0 4.38176352705 91% => OK
Language errors: 18.0 5.01903807615 359% => Less language errors wanted.
Sentences with positive sentiment : 4.0 8.67935871743 46% => More positive sentences wanted.
Sentences with negative sentiment : 2.0 3.9879759519 50% => More negative sentences wanted.
Sentences with neutral sentiment: 0.0 3.4128256513 0% => More facts, knowledge or examples wanted.
What are sentences with positive/Negative/neutral sentiment?

Coherence and Cohesion:
Essay topic to essay body coherence: 0.286860333914 0.244688304435 117% => OK
Sentence topic coherence: 0.138772999276 0.084324248473 165% => OK
Sentence topic coherence SD: 0.0685102036364 0.0667982634062 103% => OK
Paragraph topic coherence: 0.179271421908 0.151304729494 118% => OK
Paragraph topic coherence SD: 0.0927372576294 0.056905535591 163% => OK

Essay readability:
automated_readability_index: 27.2 13.0946893788 208% => Automated_readability_index is high.
flesch_reading_ease: 22.76 50.2224549098 45% => Flesch_reading_ease is low.
smog_index: 13.0 7.44779559118 175% => OK
flesch_kincaid_grade: 22.0 11.3001002004 195% => OK
coleman_liau_index: 13.71 12.4159519038 110% => OK
dale_chall_readability_score: 10.43 8.58950901804 121% => OK
difficult_words: 81.0 78.4519038076 103% => OK
linsear_write_formula: 19.0 9.78957915832 194% => OK
gunning_fog: 21.2 10.1190380762 210% => Gunning_fog is high.
text_standard: 22.0 10.7795591182 204% => The average readability is very high. Good job!
What are above readability scores?

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Rates: 84.2696629213 out of 100
Scores by essay e-grader: 7.5 Out of 9
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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.