Cash vs. Digital Wallets

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        Many people today are using digital wallets like GoPay or OVO instead of cash. But which payment method is better? This is an important discussion.

        People who like digital wallets say they are very convenient. You don't need to carry heavy cash. You can pay for things quickly with just your phone. It is also easy to track your transactions in the app. Many shops and online stores accept them.

        However, people who prefer cash talk about security and simplicity. If you lose your phone, you might lose access to your money. Not all small shops or street vendors accept digital payments. Cash is also easier for some people, especially older generations, to understand and use. You can see and touch your money.

        In conclusion, both cash and digital wallets are useful. Digital wallets are good for modern, fast life. Cash is good for security and is accepted everywhere. The best choice depends on the situation and the person.

 

True/False Statements

T/F

Statements

1.      Everyone now uses digital wallets instead of cash. 2.      Digital wallets are considered convenient by their users. 3.      You need to carry a lot of money to use a digital wallet. 4.      You can pay for things quickly using your phone with a digital wallet. 5.      It is difficult to see your payment history in a digital wallet app. 6.      Digital wallets are accepted by many online stores. 7.      People who like cash never worry about security. 8.      If you lose your phone, you might not be able to use your digital wallet. 9.      All small shops and street vendors accept digital payments. 10.  Cash is very easy for older generations to use. 11.  You can physically hold cash in your hand. 12.  The text concludes that digital wallets are better than cash. 13.  The best payment method is the same for every person and situation. 14.  Cash is accepted in almost every place. 15.  Digital wallets are good for a modern and fast lifestyle.

 

Match the word in Column A with the correct definition in Column B. Write the correct letter.

Vocabulary		Definitions
1.      Cash  2.      Digital Wallet 3.      Payment Method 4.      Convenient 5.      Transaction 6.      Accept 7.      Security 8.      Access 9.      Vendor 10.  Generation 11.  Track 12.  Modern 13.  Conclusion 14.  Useful 15.  Depends on		A. The final part of something; the end or finish. B. A person or company that sells something. C. To follow or record the progress of something. D. The way in which a person pays for something. E. Able to be used for a practical purpose. F. The state of being protected or safe from harm. G. All the people of approximately the same age in a society. H. An instance of buying or selling something. I. Physical money in the form of coins and banknotes. J. To be influenced or decided by something. K. A system on a device for making electronic payments. L. The ability or right to use something. M. Fitting in well with a person's needs; easy to use. N. (For a shop) to receive something as payment. O. Relating to the present or recent times.