In This Modern World, People Can Go To The Bank And Have Business IELTS Writing Task 2

By eliminating the need for face-to-face interaction, one major advantage of using the Internet for banking is the reduction in transportation demand. As a result of the lower volume of transportation, there would be fewer hazardous gas emissions, which might greatly aid in the improvement of the environment. Additionally, less time spent commuting means that people have more spare time. The emergence of cutting-edge communications applications is a significant benefit of using the Internet. With the use of these technologies, anyone with an Internet connection may now communicate with banking officials. And share and receive audio and visual information by simply pressing a few buttons. This is in sharp contrast to the situation that existed only a few decades ago when the only means of banking were visiting the branch to get the work done. Moreover, online banking can have some disadvantages, most notably the potential for fraud. With online banking there's a high risk of getting cheated financially. Furthermore, sometimes even a wrong click or carelessness by a person can result in a loss of money. However, this situation would be improved by the additional security features that technical advancements can give us. In the long run, online banking seems to be taking the place of branch visits. To sum up, there are many advantages and disadvantages of online banking with the help of the Internet. The above-stated benefits include the ability to conduct transactions and open accounts from anywhere anytime, and more free time created for people and others.

I'd like to try to explain my ideas on this in this essay. This modification does provide certain advantages. It allows us to save a significant amount of time that was previously needed for travelling and waiting in lines. For instance, if you order something online, it will be delivered to your house. We don't have to take time off from work to go to the bank and wait in line during business hours. We don't have to rush to the office in the morning because we can work remotely from home. This development has brought about new career prospects for a society that are simple to enter, like those in the logistics sector. The operations of multinational corporations can run more easily. And instead of constructing specialised stores as in the past, global shopping websites can offer a platform for the sale of goods. Such modifications will also have some detrimental impacts. People may spend a lot of time at home since they no longer need to leave the house every day. It prevents them from getting enough exercise and interacting with others in daily life. Consequently, losing connection with society and becoming unfamiliar with pals. It might cause some mental illnesses. This transformation is also removing some jobs for society. For instance, banks no longer need a lot of window receptionists, and shopping malls no longer need a lot of shopping guides. People working in these fields must find alternative employment. In conclusion, it is clear that the appearance of new objects will have both positive and bad effects. While appreciating the benefits that new products provide, we must also confront the drawbacks. And always work to better ourselves in order to adapt to societal changes.

One benefit of conducting business online is the convenience it offers. Particularly to those who lack the time to perform their transactions in person at a bank or business centre. Furthermore, because there is no need to stand in a long queue, it is quicker. A single request over the internet can be handled in a handful of seconds. Additionally, doing multiple transactions at once when compared to face-to-face business processes is a good outcome. The use of computers eliminates the need for manual labour, increasing efficiency. People also have more free time when they commute less frequently. There would be less dangerous gas emissions as a result of the decreased volume of transportation. It might significantly help with the improvement of the environment. On the other hand, it has detrimental effects on both individuals and society. Because there is little to no human involvement, it could result in misunderstandings and mistakes in the paperwork. Due to the fact that everyone, including criminals, may access the internet, there is a greater likelihood of online fraud and scams. I believe that in order to prevent the bad impacts of this type of online service, the government should take serious steps to safeguard online transactions. And individuals should use online transactions with extreme caution. In summary, technological advancements have made life much more convenient for everyone, especially for business owners. However, there are some risks to be aware of, so everyone should use web portals carefully.