F2F Class Notes 29th April (Tony) [S]

Vocabulary

frivolous –  not important : not deserving serious attention

eg: She was spending money frivolously.

let alone – not to mention

eg: I can’t get a wife, let alone a girlfriend.

each time we conduct a transaction

Original –

With the development of mobile payment, most of us have experienced paying a bill by mobile. It really enhance our life efficiency. Nowadays we don’t have to worry about taking a wallet outside and moreover we don’t have to worry about our wallet will be stolen, even if it is stolen, no one can use our money without a password, and we can freeze our account immediately, however it really takes risks of protecting our money. Because hackers can easily stolen our money if the netweork security is weak. So it’s the most important thing for financial company and individuals.Also when we pay by mobile we don’t have any feeling that we are using our money. Which might lead us to pay more money on what we don’t need. In general I believe mobile payment is a big step forward, and in the near future we don’t have any paper money. all of us will use mobile money to have a transaction.

Correction –

With the development of mobile payment, most of us have experienced paying a bill by phone. It really enhances our quality of life. With this development we don’t have to worry about taking a wallet with us and moreover we don’t have to worry about our wallet being stolen. With mobile payments, even if our phone is stolen, no one can access our accounts without a password, let alone unlock the phone. And we can freeze our account instantly, however you really take a risk with your money . Because hackers can easily steal our money if the network security is weak. So it’s the most important thing for financial institutions and individuals. Also when we pay by mobile we don’t have any sense that we are using real money. Which might lead us to spend more money on frivolous expenditures. In general I believe mobile payment is a big step forward, and in the near future we won’t have any paper money. All of us will use mobile currency to conduct transactions.