Pro and Cons of the Future Payment Method : Cashless

Cashless transactions are only possible with debit and credit cards.

• True

• False

One benefit of cashless transactions is that they can lower crime rates.

• True

• False

Opponents of cashless systems believe that cash will always be accepted as a payment method.

• True

• False

Using credit cards makes it easier for some people to overspend because they can't see their money physically.

• True

• False

Going cashless guarantees better privacy for all users.

• True

• False

Hackers can potentially steal money from digital accounts in a cashless system.

• True

• False

The text suggests that businesses save money by handling cash instead of going cashless.

• True

• False

Digital payments are becoming more common because of technological advancements.

• True

• False

Proponents of cashless payments argue that they make international payments easier.

• True

• False

The text concludes by advising readers to choose cashless payments over cash.

• True

• False