Since the scientific revolution, technology has invaded almost every sphere of life where mobile phones are no exception. Nowadays, in most of the nations, multitudes prefer to pay for things using cellphone applications. In my opinion, the merits of this trend have an edge over its demerits which will be discussed in the subsequent paragraphs.
Commencing with the multifarious benefits of online transactions using mobile apps. First and foremost, one does not have to carry paper money. They can commute freely anywhere and buy anything on the go using their smart phones. Thus, this approach has brought more freedom in human life. In addition to it, the chances of money getting robbed has reduced to a great extent. Moreover, digital transactions are effortless. The funds are transferred instantly and one can use them at any time of the day. Unlike the conventional approach, when a person has to go to the bank and do the remittance in a designated time period.
Furthermore, the worth mentioning positive of cellular settlements is, they are secure. The payments are done using cards or UPI mode. During the cash outflow proceedings, human being has to enter OTP or PIN after which amount get deducted from their bank account. Other than that, only last four digits of the card are shared with the vendor. Therefore, these software applications are reliable. However, there is one drawback that is, smart gadgets contain abundant personal and financial information. In case of wireless telephone theft, robber will have access to all the information related to a living being. Hence, it can have serious repercussions.
To recapitulate, digitized gizmos play a paramount role in human being’s life and are going to stay in existence in distant future. Thus, one should try to make the best use of it and find measures to keep their phone safe from various scams to have a peaceful living.