We are the crazy students of B2 level in Maria Markaki school. We live in Iraklion, Crete, Greece. We enjoy blogging because we practise for the FCE and ECCE exams in a fun way.
Wednesday, November 30, 2011
The mobile phone as the digital wallet of the future
Is what the video shows feasible?
How would you feel if you could use your mobile phone in this way?
Hello Christin, first of all, I think that what the video shows, is feasible. The technlogy has been developed rapidly. Firstly, all people were giving cash in order to buy anything they wanted. Nowadays, the most of us are using credit cards or checks insted of cash, so it could be possible to use our mobile phones instead of credic cards or checks in 10 or 20 years from now. Moreover, it could be a big trouble for some citizens,as they will pay till 4 times more than they would pay in cash for a retailer. In addition, cash is not old-fashion way to pay, it's still the most popular way, and money may be exchanging in the digital age, but not as fast as we might think. To sum up, I would prefer to pay in cash than using my mobile phone, I feel more comfortable by this way.
Manoli try to re publish the corrected version of your previous comment.
I partially agree with you because I also think that using our mobiles to pay will definitely make our lives easier! There will surely be safety measures to prevent digital thefts, so there won't be a reason to worry about losing our money through these digital transactions. PayPal is one such preventive measure that exists even now.
Hello Christine. First of all, I think that what the video shows is feasible. Technology has been developed rapidly. Firstly, all people used to give cash in order to buy anything (whatever) they wanted. Nowadays, the most of us are using credit cards or checks instead of cash, so it could be possible to use our mobile phones instead of credit cards or checks in 10 or 20 years from now.
Moreover, it could be a big trouble for some citizens,as they will have to pay till 4 times more than they would pay in cash for a retailer. In addition, cash is not an old-fashioned way to pay, it's still the most popular way, and money may be replaced by electronics in the digital age, but not as fast as we might think.
To sum up, I would prefer to pay in cash than use my mobile phone, since I feel more comfortable in this way.
Hello Christin, first of all, I think that what the video shows, is feasible.
ReplyDeleteThe technlogy has been developed rapidly. Firstly, all people were giving cash in order to buy anything they wanted. Nowadays, the most of us are using credit cards or checks insted of cash, so it could be possible to use our mobile phones instead of credic cards or checks in 10 or 20 years from now.
Moreover, it could be a big trouble for some citizens,as they will pay till 4 times more than they would pay in cash for a retailer.
In addition, cash is not old-fashion way to pay, it's still the most popular way, and money may be exchanging in the digital age, but not as fast as we might think.
To sum up, I would prefer to pay in cash than using my mobile phone, I feel more comfortable by this way.
Goodnight!
This comment has been removed by the author.
ReplyDeleteand something more, I wonder if this method of paying will be safer than using credit cards or checks for the consumers...
ReplyDeleteManoli try to re publish the corrected version of your previous comment.
ReplyDeleteI partially agree with you because I also think that using our mobiles to pay will definitely make our lives easier! There will surely be safety measures to prevent digital thefts, so there won't be a reason to worry about losing our money through these digital transactions. PayPal is one such preventive measure that exists even now.
Any other thoughts on the subject?
Manolis' corrected first comment:
ReplyDeleteHello Christine. First of all, I think that what the video shows is feasible.
Technology has been developed rapidly. Firstly, all people used to give cash in order to buy anything (whatever) they wanted. Nowadays, the most of us are using credit cards or checks instead of cash, so it could be possible to use our mobile phones instead of credit cards or checks in 10 or 20 years from now.
Moreover, it could be a big trouble for some citizens,as they will have to pay till 4 times more than they would pay in cash for a retailer.
In addition, cash is not an old-fashioned way to pay, it's still the most popular way, and money may be replaced by electronics in the digital age, but not as fast as we might think.
To sum up, I would prefer to pay in cash than use my mobile phone, since I feel more comfortable in this way.