Kunpeng Project
Why is it advisable to pay more in cash? Bankers dissect the practical reasons
In recent years, due to the rapid development of online payment technology, payment methods such as Alipay and WeChat Pay have gradually penetrated into people's daily life. However, although electronic payments provide great convenience to people, there are also some drawbacks. To this end, members of the banking industry are advised to pay attention to the possible risks while enjoying the convenience of online payment, and maintain a good habit of paying by cash as far as possible. What are the advantages of cash payments compared to electronic payments?
First, cash remains a rigid currency under certain conditions.
Although electronic payment has become a common method in today's world, it can still be ineffective in some remote areas or when there is no Internet. For example, if you want to go to the fields or to a village without internet, you can only pay for it. In this way, the banknotes still have a certain market price and can be used to buy daily necessities. However, due to the dependence on the Internet and devices, electronic payments cannot be made possible. So, putting some money in your wallet is the best way to go.
Paying in cash protects people's privacy. In the process of online transactions, private data such as the user's name, ** number, and ID card number will be collected. Personal data may be sold to different companies for the purpose of harassment, marketing services, or wire fraud. If you pay in cash, you won't have to worry about that. While this is not to say that cash payments are completely secure, they do protect people's privacy compared to electronic payments.
Third, paying in cash can help people establish the right concept of money. In today's society, people often have a feeling that "money is a symbol", so there is a psychology of "excess". When paying in cash, they can feel that money is not easy to come by, and they can better restrain their desire to spend. In addition, using cash can also help you manage your finances better, such as tracking cash spending, budgeting, etc.
Thirdly, for certain situations, it is advantageous to pay in cash. Although it is very convenient in our daily life and on most occasions, there will be some problems in some specific occasions. For example, if your ** is lost or stolen, you will not be able to use electronic payment. There is no such problem with paying in cash, you can always bring your money with you.