Nowadays plastic money replacements such as credit and debit cards are extremely popular, even more than banknotes and coins. Discuss the advantages and disadvantages of this.

In recent years, there has been a shift in the way people use money, with plastic money replacements such as credit and debit cards becoming increasingly popular.

Electronic transactions are gradually replacing the traditional banking system, and the use of banknotes is being supplanted by credit and debit cards. The transformation toward a cashless society might be slow, but steady and widespread.