LPE 2403 Group Discussion Task 1 (GROUP 1) THEME 2
Summary
TLDRIn this group discussion, participants explore the pros and cons of a cashless society. They highlight the convenience of cashless payments, such as not needing to carry physical money and the ease of transactions using mobile devices. However, concerns are raised about the accessibility in rural areas and the potential security risks of digital transactions. The conversation also touches on the need for improved cybersecurity to protect users' financial information and the gradual shift towards a cashless economy, with some businesses already refusing cash payments.
Takeaways
- π The discussion revolves around the topic of a cashless society and its implications for convenience and technology use in payments.
- π‘ The introduction highlights that a cashless society utilizes technology for transactions without the need for physical cash or checks.
- ποΈ Participants share personal experiences of preferring cashless payments for their ease and convenience, especially when they don't want to carry money around.
- ποΈ A concern is raised about the accessibility of cashless payments in rural areas where internet connectivity might be limited, making it less convenient for some individuals.
- πΌ One participant mentions the need to carry a significant amount of cash during industrial training due to the lack of internet and ATMs, illustrating the necessity of cash in certain situations.
- π² The convenience of using mobile phones for payments is emphasized, with the ability to scan QR codes making transactions faster and more efficient.
- π The issue of forgetfulness when it comes to carrying wallets is discussed, with cashless payments being a solution for those who often misplace their wallets.
- π There's a debate on the security of cashless payments, with some participants expressing concerns about cyber threats and the safety of their funds, while others believe in the security measures that come with digital transactions.
- π¦ A specific case of a bank where customers lost money is mentioned, underscoring the potential risks associated with digital transactions and the need for robust cybersecurity.
- π The script notes that while cashless payments are becoming more common, especially among students, there is still a preference for cash in certain situations, such as when using card machines.
- π The conclusion suggests that personal preference plays a significant role in choosing between cash and cashless payments, with the ability to set spending limits being a notable advantage of cashless methods.
Q & A
What is the main topic of the group discussion in the script?
-The main topic of the group discussion is 'cashless society' and its effectiveness.
What does the speaker suggest about cashless payment in their opinion?
-The speaker suggests that cashless payment is more convenient because it eliminates the need to carry physical cash and reduces the risk of misplacing money.
What concern does Nana express regarding cashless payment in rural areas?
-Nana expresses concern that cashless payment might not be convenient for those living in rural areas where there is limited or no internet connection, making it difficult to use electronic payment methods.
What personal experience does the speaker share about their industrial training and cash?
-The speaker shares that during their industrial training, they had to bring a significant amount of cash because there was no internet connection or ATM nearby, which was inconvenient.
How does the speaker describe the convenience of QR code payments?
-The speaker describes QR code payments as faster and more convenient than cash, as it only requires scanning a code with a phone, eliminating the need to carry a wallet.
What issue does the speaker mention about being forgetful with their wallet?
-The speaker mentions that they often forget their wallet when going out, which leads to inconvenience when they need to make a payment.
What is the speaker's view on the security of cashless payments?
-The speaker believes that cashless payments have good security because transactions are recorded and can be traced, making it harder for hackers or scammers to steal money.
What concern does another participant express about the safety of cashless payments?
-The participant expresses concern about the safety of cashless payments, citing cases where people's money disappeared from their accounts, possibly due to security breaches or scams.
How does the speaker suggest that cashless payments could help with budgeting?
-The speaker suggests that cashless payments can help with budgeting by setting limits, preventing overspending.
What observation does the speaker make about the adoption of cashless payments in society?
-The speaker observes that many places, including their college, are encouraging the use of cashless payments, and some shops no longer accept cash, indicating a shift towards a cashless society.
What conclusion does the speaker draw about the group's opinion on cashless payments?
-The speaker concludes that everyone has their own opinion on cashless payments, with some preferring the convenience of cashless while others prefer the simplicity of cash.
Outlines
π‘ Introduction to Cashless Society
The speaker initiates a group discussion on the topic of a cashless society, explaining it as a method of payment that utilizes technology without the need for physical cash or checks. They share their personal preference for cashless payments due to the convenience of not carrying large amounts of money and the reduced risk of misplacing it. The speaker also acknowledges the challenges faced in rural areas where internet connectivity is limited, making cashless transactions impractical. They invite others to share their opinions and experiences with cashless payments.
π Security and Convenience of Cashless Payments
The discussion continues with participants sharing their views on the convenience of cashless payments, such as not having to remember a wallet and the ease of scanning QR codes for transactions. However, concerns are raised about the security of cashless transactions, with references to cases where money has been stolen from bank accounts. The participants also discuss the importance of cybersecurity in protecting against such thefts. There is a general consensus among the group that while cashless payments are efficient and convenient, there are still significant security concerns that need to be addressed.
π Adapting to a Cashless Future
In the final paragraph, the speaker reflects on the inevitability of transitioning to a cashless society, noting that some shops are already refusing cash payments and only accepting digital transactions. They acknowledge the need for change and the importance of setting spending limits when using cashless payments to avoid overspending. The speaker concludes the discussion by recognizing the diversity of opinions on cashless payments, with some preferring the simplicity of cash and others the modern convenience of digital transactions.
Mindmap
Keywords
π‘Cashless Society
π‘Payment Technology
π‘Convenience
π‘Rural Areas
π‘Security
π‘QR Code
π‘Forgetfulness
π‘Limit Setting
π‘Cybersecurity
π‘Physical Stores
π‘Personal Experience
Highlights
Introduction to the topic of cashless society and its advantages such as ease of use without needing to carry physical cash.
Personal preference for cashless payments due to reduced risk of misplacing money.
Challenges of cashless payments in rural areas with limited internet connectivity.
Experience of needing to carry cash for industrial training in areas without internet or ATM access.
Efficiency of QR code payments for quick transactions without the need for cash or cards.
Preference for cashless due to convenience and reducing the need to remember a physical wallet.
The downside of being forgetful and sometimes not having a charged phone for cashless payments.
Discussion of the prevalence of cashless payments among students and in campus facilities.
Concerns about the security of cashless payments and instances of money disappearing from bank accounts.
The importance of cybersecurity in protecting cashless transactions from hackers and scammers.
Debates on the convenience and safety of cashless payments, with differing opinions among the group.
Examples of cashless transactions being recorded and traceable, adding a layer of security.
Observations of shops gradually adopting cashless payments and the need for adaptation by consumers.
The ability to set spending limits with cashless payments to avoid overspending.
Conclusion summarizing the diverse opinions on cashless payments and the benefits and drawbacks discussed.
Transcripts
so hi my name is
number is 214207
hi my name is and my magic number is
214891
um
hi my name is
number is 2.5968
um
I'm fine
um
a lot of physical training today
basically I forgiven this morning so I
want to say sorry once if I equip today
so I think we can start to step for our
group discussion today and our topic for
today is cashless society and we will
discuss our effective it's so I think I
can introduce a little bit about cases
Society okay this Society is one one way
of payment and use that use technology
qualification and also not using any
cash you know using any test not using
any paper so usually people will pay
using their own or maybe
so I think I want I don't want to play I
don't want to introduce it for too long
so I can open for anyone they prepare to
keep their opinion
personally
I will just cash this payment
in my opinion cashless payment is more
easier for you to use
uh why would I say that because we don't
need to bring a bunch of money on our
hand or pocket and I'm not the person
that like to bring my hand back around I
just like
about my dog back okay you don't when
you use cashless cashless payment you
you don't need to worry about misplacing
your money around okay how about you
Nana
um personally I do agree with you uh
regarding not to bring a lot of cash
but at the same time I feel it's not too
convenient for someone who live around
Village or Noble rural area because not
every places that have
um what do you say not every places have
uh
not heavy places has internet connection
yes so when you are going to pay using
your cashless method for example like
debit card or
foreign
it's kind of not suitable uh at those
places and those environments so foreign
[Music]
for my
industrial training and to be honest I
have to bring a lot of money there so I
prepare around 500 to survive for two
months because there is no internet
connection and ATM is
sixth hour from My Places yeah yeah so
it's quite far so it's really hard for
me
that's why I don't I don't like the
questions mated because my place is not
supported by one point in technical
Nation it doesn't have internet for
so
then let's get high
okay in my opinion uh
testing payment because
for my experience
paper we don't have to make a lot of
money so we just can scan the QR code at
the uh
counter and just be more faster than uh
cash so uh
for example uh when we when we use a
cashless payment we don't have to bring
our back like this now so uh we don't
have to bring uh and anything else just
bring our phone and phone uh we can just
uh
bring uh
and put it in our pocket and when when
we want to use we just take out our mode
and just scan so at that time we we can
save our time and
so what about
so personally I prefer cashless because
so every time when I go out I forget to
bring my wallet and if I bring my wallet
I forget where I put my wallet
so after I bake then I just got into my
car and then oh my God my wallet where
is it
but
since I forgetful person sometimes
forget to charge my flip so when I want
to play
inconvenience yeah I think that's one of
the YouTube
independent needs
I couldn't help anymore we everything
all of your operating I think we are
almost everyone uh only the same place
because actually I also have quite a lot
of experience and also a lot of what we
say personal experience because
especially like us we are famous student
and I could say that you've been already
used the tasteless Society using their
caseless payment for a long time if we
go to the cafeteria or videos to
anywhere usually
yeah
and sometimes people also using
relationship like many machines there is
also using the QR they don't want to use
HD anymore
so actually uh I think maybe I think
maybe anyone uh anyone can add one more
but guys I don't know
in our college right now they have cases
like people care yeah
yeah so why not we encourage people to
use cashless money because it will save
us and not only that when when do you
sketch this money because
gamer and hacker will will try to steal
your that information but with the
security
uh
yeah
okay
cyber security okay and then we'll then
we'll make hacker or scammer hard to
take your money from your bank
[Music]
regarding the occasions is more
efficient it's more convenient for
people that ask for students but in
terms of safety I kind of very disagree
because
um I don't know if you have heard the
cases about CIMB Bank where is your
money suddenly disappeared there is a
lot of CMB Bank users like us they lost
their money in the blink of oil for
example for example
when you are shopping online or
sometimes you are shopping at the
physical store when you tap there is
some
what do you see from Storage need to
some people you need to use the pin yes
then sometimes the the
putting something at the
delicious
some people they put something on the
questions they can take all your
information and then when you
accidentally
[Music]
so for me the security for the cashless
is quite not
obviously
not too much
but there is a lot of places even when
even if we can trace the money
is really high yeah
there's a lot of the cases are kind of
feedback
uh which is uh she said uh
she always forgot about uh
bring my wallet and and just uh put
there at the counter and don't forget to
yeah
so I think uh
because he
uh program about the
project so for me if we use cashless
payment
we have a great security because uh
donations are recorded and can be easily
the case and it's yeah because we as
human we can we we always remember that
our phone is our priority right
um compared to money so when we just uh
always uh bring our food so we don't
have to
bring our money to
when when we want to buy something at
store or physical
[Music]
because sometimes they obviously they
don't want to use they are good because
I think they say they feel and see using
it but I think it's slowly getting to
them because
sometimes I'm not I think are there some
shop that grateful cashless and they
don't provide any cash anymore so
um
they like it or not I think they need to
start to change
I think this quite a long time I think
everyone already shared your opinion so
I want to open for anyone that I want to
conclude these discussion
[Music]
I think everyone have their own opinion
on their own children with shoes
so maybe some of you would prefer to use
cashless but some of you will prefer the
simple cash
but like I said I would prefer cashless
because
when I use cashless payment I can set
the limit
so I will not over the limit
so
exciting uh this is
good discussion today I think that's it
for today and thank you for this
everyone thank you all
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