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Cashless In America Essay

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Digital Technology of going cashless Still Seems to Lag in America
In our day to day life technology seems to grow at a faster rate and everything around us is done with the help of these technologies. Human lives are not possible without these technologies and everything will go under chaos if it does not exist.
Everything is getting digitized and most of the people are making digital transactions as they are timesaving and cost effective one. Most of them are using mobile payment apps like paytym, flip cart, amazon, google wallets and some are using credit cards and debit cards to make the transaction.
It is always better to have some money with us in case of necessity. Technology is helping us in every way to make cashless world but still some of them are convenient with using …show more content…

America Is Yet To Lag In Digital Technology
America has an idea of going cashless but fails to do because of online privacy. Though America gave life to services such as Apple pay, Google wallet, and Venmo services that makes more revenue it still seems to lag in going cashless.
Online mobile payment in US technology exists in abundance hence insecurities occur. A survey has been taken which says that cash is disappearing from US circulation slowly due to several reasons. No one wants to accept that they are not using latest technology but the only problem is it has to be secure.
America is still in primary stage though other countries are earlier into it. It takes a long time for the US economy to match up with other leading countries. But it will go with the technology of going cashless day by day.
Cashless World the Future Economy
In this growing economy technology plays a major role and digitization is on the way to make the countrified far better. To implement all these people should know about these technologies deeper. To make the transactions using credit or debit cards people need to have all the

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