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?

These days people are preferring credit cards rather than paper notes since it has multiple advantages. On the other hand, there are some disadvantages for using credit cards. I shall be discussing about the advantages and disadvantages of using credit cards and will be providing my viewpoint.

There are myriad benefits of using credit cards such as paying monthly bills and shopping. In addition to this, people do not prefer to carry paper notes since they are difficult to carry in pocket or in purse. So credit or debit cards are the best way to carry instant money. These days it has become very easy to get credit or debit card and most of the shopping is done using cards.

There are also negative opinion exist about the usage of credit cards. The most important is the security of credit card usage. Since the technology is growing at a very faster pace and making advance software on banking but at the same time, the danger of hacking these softwares is also increasing. For instance, there was news published by a news channel that fraud was done by a hacker and 5 hundred thousand rupee was taken from victim's account.

In conclusion, these days credit and debit cards have become part of our life so we should use it carefully. Further, companies should tight the security on the usage of credit or debit cards.

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Comments

Grammar and spelling errors:
Line 1, column 19, Rule ID: PROGRESSIVE_VERBS[1]
Message: This verb is normally not used in the progressive form. Try a simple form instead.
These days people are preferring credit cards rather than paper notes si...
^^^^^^^^^^^^^^

Transition Words or Phrases used:
also, but, if, so, for instance, in addition, in conclusion, such as, on the other hand

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

Performance on Part of Speech:
To be verbs : 15.0 10.5418719212 142% => OK
Auxiliary verbs: 4.0 6.10837438424 65% => OK
Conjunction : 12.0 8.36945812808 143% => OK
Relative clauses : 1.0 5.94088669951 17% => More relative clauses wanted.
Pronoun: 14.0 20.9802955665 67% => OK
Preposition: 29.0 31.9359605911 91% => OK
Nominalization: 3.0 5.75862068966 52% => More nominalizations (nouns with a suffix like: tion ment ence ance) wanted.

Performance on vocabulary words:
No of characters: 1104.0 1207.87684729 91% => OK
No of words: 233.0 242.827586207 96% => OK
Chars per words: 4.73819742489 5.00649968141 95% => OK
Fourth root words length: 3.90696013833 3.92707691288 99% => OK
Word Length SD: 2.37125920023 2.71678728327 87% => OK
Unique words: 128.0 139.433497537 92% => More unique words wanted.
Unique words percentage: 0.549356223176 0.580463131201 95% => More unique words wanted or less content wanted.
syllable_count: 353.7 379.143842365 93% => OK
avg_syllables_per_word: 1.5 1.57093596059 95% => OK

A sentence (or a clause, phrase) starts by:
Pronoun: 4.0 4.6157635468 87% => OK
Article: 2.0 1.56157635468 128% => OK
Subordination: 1.0 1.71428571429 58% => OK
Conjunction: 0.0 0.931034482759 0% => OK
Preposition: 4.0 3.65517241379 109% => OK

Performance on sentences:
How many sentences: 13.0 12.6551724138 103% => OK
Sentence length: 17.0 20.5024630542 83% => The Avg. Sentence Length is relatively short.
Sentence length SD: 32.4474996985 50.4703680194 64% => OK
Chars per sentence: 84.9230769231 104.977214359 81% => OK
Words per sentence: 17.9230769231 20.9669160288 85% => OK
Discourse Markers: 6.69230769231 7.25397266985 92% => OK
Paragraphs: 4.0 4.12807881773 97% => OK
Language errors: 1.0 5.33497536946 19% => OK
Sentences with positive sentiment : 9.0 6.9802955665 129% => OK
Sentences with negative sentiment : 4.0 2.75862068966 145% => OK
Sentences with neutral sentiment: 0.0 2.91625615764 0% => More facts, knowledge or examples wanted.
What are sentences with positive/Negative/neutral sentiment?

Coherence and Cohesion:
Essay topic to essay body coherence: 0.235709219828 0.242375264174 97% => OK
Sentence topic coherence: 0.0960464823349 0.0925447433944 104% => OK
Sentence topic coherence SD: 0.0660311238365 0.071462118173 92% => OK
Paragraph topic coherence: 0.152767310193 0.151781067708 101% => OK
Paragraph topic coherence SD: 0.0780160785803 0.0609392437508 128% => OK

Essay readability:
automated_readability_index: 9.9 12.6369458128 78% => Automated_readability_index is low.
flesch_reading_ease: 62.68 53.1260098522 118% => OK
smog_index: 3.1 6.54236453202 47% => Smog_index is low.
flesch_kincaid_grade: 8.7 10.9458128079 79% => OK
coleman_liau_index: 9.92 11.5310837438 86% => OK
dale_chall_readability_score: 7.53 8.32886699507 90% => OK
difficult_words: 45.0 55.0591133005 82% => More difficult words wanted.
linsear_write_formula: 8.0 9.94827586207 80% => OK
gunning_fog: 8.8 10.3980295567 85% => 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.