Online shopping has become a major hit in in recent times due to improvements in technology. “Thus, consumers are able to make purchase whenever and wherever as long as they can access the Internet without having to stand in line to save time.” (Wei, Lee, & Chen, 2015) Credit cards allow a spender to shop the vast number of stores on the internet and make a purchase with ease. Many online stores even offer specific credit cards for that store. This allows someone to make a purchase online and pay for it at a later date. Although this is a good thing it can also be risky. Credit card users should avoid scams. Often times credit card transactions are used to steal an individual’s money and information. This can even be done through email or over the phone. It is important for people to know what they are buying and who they are buying it from. Cash does not offer the same amount of convenience. Cash is used to buy something and have it in hand....
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...eone using the card or stealing their information and money from it. Cash can be considered a much more secure way of paying for an item. Although it can be dangerous to carry a lot of money around and it is easier for it to be stolen. Credit cards offer a high level of convenience while having a great amount of risk.
All types of money have their advantages and disadvantages. It is important to know what is best for you as a consumer and know our options. If one decides to use a credit card, they should know the benefits of a specific company such as insurance and protection. Some might see credit cards as an easier way to save and spend money while others may not. Credit cards are often easier to use while traveling due to differences in currency. Whether someone is using cash or a credit card, it is important for them to know what is best for their specific needs.
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