Introduction to the Article
You would know that Online or electronic payment systems are one of the most popular trends in today’s time. There is no doubt in the fact that this trend is the new normal. There are many drawbacks and disadvantages of the traditional cash payment system which should be not discussed. This is because the reasons are known to you and are quite obvious. You should know that getting up and carrying cash wherever you go has become outdated and frustrating.
Nobody wants to make payments through cash in 2020. This makes it very easy to draw the conclusion that card payment is the new trend towards the betterment of human wellbeing. Have you ever thought about card payment machines disappearing for a day? Well, if no, then you are at the right destination for it. In this article, we will take a deeper look at what would be the situation.
Here are the possibilities:-
Travelling is the most fun thing to do when better-supporting factors are available. This means, if you have the best resources like money etc. then it would be very easy. In this case, carrying money is not the right thing to do. Well, you do not have the option of making payment electronically through card payment machine. This is one of the major issues if card swipe machines disappear.
You would have got the habit of carrying a car wherever you go. This is the new normal, and there is nothing out of the box. When card payment machines are not there for a day, you again have to make payment in cash. For this, carrying a high amount of money in cash would be necessary and required. In this case, it will become very difficult, and you would face discomfort in doing so.
If card swipe machines stop working for a day, robbers will take it as a beacon of hope of thefts. In this case, the crime of robbery will increase at a higher rate. It will obviously become necessary for you to carry cash in place of cards for making the payment against your purchase. Here, the possibility of theft and robbery will increase, and the safety aspect will also be highly ignored.
We all know that humans are not machines, and it is not easy to handle cash. Talking from a cashier’s point of view, too, it will become a tough job to shift from electronic payment to cash payment. A lot of errors will be seen, and also total accounting would get influenced by the changes done. These errors will be taken back to the last day of the month and could affect total accounting.
An Overview to the Article
These are some major possibilities if card payment machines disappear for a day. To conclude, cash payment is much more of a hectic process than a card payment process. We hope that this article will provide you with the necessary information needed.