Nowadays digital money transfer to anyone anywhere in the world is frequently

Nowadays digital money transfer to anyone anywhere in the world is frequently doing by people. According to my point of view it is a positive impact with few limitations. Online money transfer process is convenient and fast method as compared to conventional way to handover money as cash. The only limitation is chances of fraud are higher. Now we are living in a digital era due to fast development of science and technology. We do most of our daily work by using internet whether it is paying bills or online shopping by a click of our smart phone. Even now we do all banking transactions by using net banking. For instance if someone want to pay his electricity bill or any other bill, it can by paid easily by online payment and no need to go respective offices and standing in long queues for hours which was highly exhausting and energy draining. Thus it is main benefit we can put our energy to more productive work. However we are fortunate to have facilities like internet because it makes us our daily life less congested. For example if any of our friends or family member who is living in a different state or country might have some emergency need of finance. Previously we need to send cash physically by any person which was time taking and risk taking process. We were not able to help financially the needy one in any emergency. Presently we can transfer funds by using simple mobile apps and support our loved ones in any urgent situation around the world. The only drawback of digital transfer which I noticed in so many cases is online fraud. We need to more cautious and careful for avoiding the risk of loss like never share any one time password and personal details to anyone. Apart from this one disadvantage i would like to conclude sending money by smart phones has lots of benefits like it is quite convenient, time saver and energy saver.