IELTS Task 2 - Cambridge 15 / Please Evaluate
Posted: Fri Sep 18, 2020 5:47 pm
In many countries, paying for things using mobile phones (cellphones) apps is becoming increasingly common. Does this development have more advantages or more disadvantages?
Around the world, many options for electronic payment have emerged due to the contemporary unprecedented technological revolution. Despite electronic transactions being relatively cost and time effective this convenience comes at a very high cost. This essay will argue that the benefits of electronic payment is ultimately overshadowed by the financial security concerns of the users.
Initially, paying for daily commodities through electronic wallets and mobile applications seems to be more practical and easier. This is because users do not have to carry cash bills with them when they are shopping. Should a consumer need to purchase a particular product, a mobile application is all that is need to pay for it without the excruciating experience of waiting in long queues to pay at the cashier.
Admittedly, consumers save tremendous time and cost by using electronic payment applications, yet it is that question of financial security that arises. Electronic payment means that all credit and financial information of people are available online on the internet. This means that these credentials may be a target for many hackers and cybercriminals who can infiltrate the security measures of these platforms and gain information to execute their devious thefts. This will have grave consequences as electronic payment software users will be mired in a financial morass if they were subjected to a hacker attack and lost all credit in their accounts.
In conclusion, although electronic payment appears to be easier and cost effective, I believe that the financial security issues eclipse these conveniences in the sense that users are always vulnerable to fall victims to hackers and cybercriminals.
Around the world, many options for electronic payment have emerged due to the contemporary unprecedented technological revolution. Despite electronic transactions being relatively cost and time effective this convenience comes at a very high cost. This essay will argue that the benefits of electronic payment is ultimately overshadowed by the financial security concerns of the users.
Initially, paying for daily commodities through electronic wallets and mobile applications seems to be more practical and easier. This is because users do not have to carry cash bills with them when they are shopping. Should a consumer need to purchase a particular product, a mobile application is all that is need to pay for it without the excruciating experience of waiting in long queues to pay at the cashier.
Admittedly, consumers save tremendous time and cost by using electronic payment applications, yet it is that question of financial security that arises. Electronic payment means that all credit and financial information of people are available online on the internet. This means that these credentials may be a target for many hackers and cybercriminals who can infiltrate the security measures of these platforms and gain information to execute their devious thefts. This will have grave consequences as electronic payment software users will be mired in a financial morass if they were subjected to a hacker attack and lost all credit in their accounts.
In conclusion, although electronic payment appears to be easier and cost effective, I believe that the financial security issues eclipse these conveniences in the sense that users are always vulnerable to fall victims to hackers and cybercriminals.
). This essay will argue that the benefits of electronic paymentS ARE ultimately overshadowed by the financial security concerns of the users. 