Nowadays, a lot of people use credit cards for online shopping. Do the advantages outweigh the disadvantages?

The use of plastic money is blossoming among many people throughout the world. I believe it to be extremely disadvantageous, not only because of identity theft, but

because of spending beyond anyone_s means which is difficult to

.

essay will explore how these mega drawbacks have the potential to outshine any

.

There are multiple disadvantages of

usage for e-commerce.

, a major drawback associated with

development is that hackers hack the personal

of the users. Cyber criminals assume fake identities, and deliberately use the stolen

to gain financial benefits. Take an example of India, where the number of

fraud victims is burgeoning due to the theft of personal

.

, the drawback of

theft

any

.

, another major flaw related

the use of electronic payment system is increase of debt upon

. Many people land in a lot of

became difficult for them to return because they keep on buying unwanted things without thinking of

.

, the American Bank has recently released a list of defaulters, who does not return their money used by

cards, and sentenced to

.

,

can almost single-handedly undermine any advantage.

, the only minor advantage I can relate to online payment is convenience, but

is extremely rare and elusive because using

for bill payment contains a lot of risks, due to the fact that sharing personal

is more likely to be misused by hackers.

To sum up, I believe that the disadvantages of using

money for shopping in terms of

and have the potential to outshine any advantage of ease it brings.