Do you think cash will eventually become obsolete? Why or why not?

2023-09-13 · 첨삭 강사 Beth

학생이 쓴 원문

The cash will stay relevant in the cashless society. Aging society and international payment can be a major factors. Many elderly generation found difficult to cope with technology. There are many steps for the app payment. First, the application should be downloaded. Also, the card information should be entered, Finally, a further verification procedure is needed. All the procedures are way too complicated and challenging for the elderly. Furthermore, the app pay only takes smartphones into consideration while some use flip phones. Using locally issued card internationally result in a high commission fee. The transaction fee doubles internationally combining extra commission fees. It will result in many tourists using cash. Therefore, many merchants might still take both to host many customers. UK has started to evolve into a cashless society but some shops take cash during vacation for revenue. The major technology companies will not relinquish commission fee as revenue.

강사 첨삭

Thanks for this Aciel. 

The cash will stay relevant in the cashless society. 
>>> correct
>>>  OR: Cash would still stay relevant in the cashless society. 
Aging society and international payment can be a major factors. 
>>> The aging society and international payment can be major factors. 
Many elderly generation found difficult to cope with technology. 
>>> Many elderly generation find it difficult to cope with technology.   
There are many steps for the app payment. 
>>> correct   
First, the application should be downloaded. 
>>> correct 
Also, the card information should be entered, 
>>> correct  
Finally, a further verification procedure is needed. 
>>>   correct
All the procedures are way too complicated and challenging for the elderly. 
>>>  correct 
Furthermore, the app pay only takes smartphones into consideration while some use flip phones. 
>>> correct  
Using locally issued card internationally result in a high commission fee. 
>>Using locally issued card internationally results in a high commission fee.   
The transaction fee doubles internationally combining extra commission fees. 
>>> OR: The transaction fee doubles internationally combined with extra commission fees.   
It will result in many tourists using cash. 
>>>   correct   
Therefore, many merchants might still take both to host many customers. 
>>>  correct  
UK has started to evolve into a cashless society but some shops take cash during vacation for revenue. 
>>> correct     
The major technology companies will not relinquish commission fee as revenue.
>>>  correct    

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