what are the advantages and disadvantages of a cashless banking system
Recently, the phenomenon of performing cashless transactions and its corresponding impact has sparked a heated dispute. Although contested by many that the matter of cashless deal is highly beneficial, such issue is regarded thoroughly both constructive and positive by a substantial number of individuals. I am inclined to believe that virtual money can be a plus, and I will analyze that throughout this essay.
From a social standpoint, dealing without money can provide the society with some noticeable effects which are rooted in the fact that merits of a new banking system, as well as ATM machines, are inextricably bound up. According to my own experience, when I was a university student, I performed an academic experiment which discovered the Benefits of master cards. Thus, beneficial ramifications of both digital transactions and machine controlled banking system apparently can be seen.
Within the realm of science, trading with digital money might increase the consequences of risk-free trades. Moreover, fundamental aspects of safe commerce can relate to this reality that demerits of stolen accounts pertain to lack of enough security. As a tangible example, some scientific research undertaken by a prestigious university has asserted that the downside of security problem is correlated negatively with the high-risk potential of traditional trade system. Hence, it is correct to presume the preconceived notion of high technology banking system.
To conclude, while there are several compelling arguments on both sides, I profoundly believe that the benefits of dealing without money far outweigh its drawbacks. Not only do the advantages of newly used credit cards prove the significance of the electronic trading system, but also pinpoint revolutionary aspects of cashless banking systems implications.
| Post date | Users | Rates | Link to Content |
|---|---|---|---|
| 2024-10-21 | Rafia Jawad | 75 | view |
| 2024-08-16 | Rafia Jawad | 88 | view |
| 2024-08-15 | Rafia Jawad | 88 | view |
| 2024-08-12 | Rafia Jawad | 85 | view |
| 2024-06-10 | Sridarani | 61 | view |
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Grammar and spelling errors:
Line 3, column 179, Rule ID: ATM_MACHINE[2]
Message: This phrase is redundant ('M' stands for 'machine'). Use simply 'ATMs'.
Suggestion: ATMs
...its of a new banking system, as well as ATM machines, are inextricably bound up. According t...
^^^^^^^^^^^^
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 : 10.0 10.5418719212 95% => OK
Auxiliary verbs: 6.0 6.10837438424 98% => OK
Conjunction : 5.0 8.36945812808 60% => More conjunction wanted.
Relative clauses : 10.0 5.94088669951 168% => OK
Pronoun: 18.0 20.9802955665 86% => OK
Preposition: 38.0 31.9359605911 119% => OK
Nominalization: 4.0 5.75862068966 69% => OK
Performance on vocabulary words:
No of characters: 1561.0 1207.87684729 129% => OK
No of words: 276.0 242.827586207 114% => OK
Chars per words: 5.65579710145 5.00649968141 113% => OK
Fourth root words length: 4.07593519647 3.92707691288 104% => OK
Word Length SD: 3.12768892926 2.71678728327 115% => OK
Unique words: 180.0 139.433497537 129% => OK
Unique words percentage: 0.652173913043 0.580463131201 112% => OK
syllable_count: 489.6 379.143842365 129% => 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: 1.0 1.56157635468 64% => 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: 23.0 20.5024630542 112% => OK
Sentence length SD: 42.8572404099 50.4703680194 85% => OK
Chars per sentence: 130.083333333 104.977214359 124% => OK
Words per sentence: 23.0 20.9669160288 110% => OK
Discourse Markers: 6.41666666667 7.25397266985 88% => OK
Paragraphs: 4.0 4.12807881773 97% => OK
Language errors: 1.0 5.33497536946 19% => OK
Sentences with positive sentiment : 7.0 6.9802955665 100% => 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: 0.205895498125 0.242375264174 85% => OK
Sentence topic coherence: 0.0695256066449 0.0925447433944 75% => OK
Sentence topic coherence SD: 0.084957291438 0.071462118173 119% => OK
Paragraph topic coherence: 0.119276818733 0.151781067708 79% => OK
Paragraph topic coherence SD: 0.0561777318296 0.0609392437508 92% => OK
Essay readability:
automated_readability_index: 16.7 12.6369458128 132% => OK
flesch_reading_ease: 31.21 53.1260098522 59% => Flesch_reading_ease is low.
smog_index: 11.2 6.54236453202 171% => OK
flesch_kincaid_grade: 14.6 10.9458128079 133% => OK
coleman_liau_index: 15.84 11.5310837438 137% => OK
dale_chall_readability_score: 10.84 8.32886699507 130% => OK
difficult_words: 106.0 55.0591133005 193% => OK
linsear_write_formula: 14.0 9.94827586207 141% => OK
gunning_fog: 11.2 10.3980295567 108% => OK
text_standard: 11.0 10.5123152709 105% => OK
What are above readability scores?
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Rates: 85.0 out of 100
Scores by essay e-grader: 76.5 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.