Are digital payments secure enough for the Indian economy to go cashless?

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Pranav said: (Sep 24, 2017)  
Hai frnds,

We know all of you digital payments is very secure and to reduce lot of corruption. Our Indian government has developed some what good technology like (mobile cashing, online payments) but awareness is very less.

In rural and village peoples how to use and how to work technology try to give awareness to the people.

Smart technology awareness and implemention in our hands. How to developed technology this is govt side.

Please try to change our mind sets try to giving awareness to unaware peoples.

Thank you.

Rate this: +2 -1

Raghul S said: (Sep 24, 2017)  
Yes, I agree Digital payment method is very fast and safe. Digital payment means all the corruptionist are suffer but they rural and uneducated people are highly suffered in many ways.

Because those peoples are didn't have android mob nd how to use that mob.

Our honorable PM Mahendra Modi G announced 500&1000rs banned.

Before that our government to create awareness for the digital payment method in our poor and rural areas people.

After only to Service easily even though the rural areas people.

Those people are very intelligent compared to the metropolitan citizens our rural areas people only to cultivate the agricultural.

"Agricultural is the backbone of our country". Said by Mahatma Gandhi G.

The daily earned worker salary 200per day means how possible that digital India method. In our SBI all people must maintained our back Min balance 5000rs in our daily earned worker salary 6000/month. 5000 Min bal should be maintained means how that worker run the life in just 1000rs.

It's impossible.

But I'm surely agree that the digital India is increasing our economic level but take some time.

Thank you.

Rate this: +2 -6

Malatesh Daddikoppa said: (Sep 23, 2017)  
Hi everyone.

I am Malatesh Daddikoppa.

"Are digital payments secure enough for the Indian economy to go cashless".

It's have few advantages and few disadvantages also.


1. Time saving.

Digital payments are helps save lot of time how means without digital payments we need to go particular place which we want ie banks, purchasing activities etc for doing transaction or making payments. But digital payments are help doing transaction in our phone only with the help of Internet.

2. Less costs.

Here we can save transportation charges and other kind of any charges so it's very helpful save our money.

3. We can save our energy.

Here we save our energy also,

We don't have any kind of physical work here just we need do transaction in our phone also.

Any kind of technology.

4. It is safety.

It is more safe compared to cash, when we have cash with us in such case there is chances of trouble from pick pocketers so it's very safe.


1. It is very hard to understand for illiterate peoples.

Currently India have 75 percent literate peoples remaining are illiterate people, they can't understand these kinds of payments systems.

2. Chances of hacked.

Digital payments not secure enough there is chances of hacking also.

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Prerna said: (Sep 23, 2017)  
Use of digital payments are partially enough as India focuses on inclusive growth but this facility of government can be utilised only by middile or elite section of society. Now also there are many places that are lacking this internet facility. 37% of people are still below poverty line. They even don't have proper food to eat then what they will think of buying android mobiles or having net connection. Benefits are there of using digital payments like inc. In transperancy, reduction in black money and corruption, financial inclusion but this all can only be possible if technological system is improved and everyone can afford smart phones.

Thank you.

Rate this: +4 -1

Shrasti Agrawal said: (Sep 23, 2017)  

Yes, digital payments are secure enough for the country to go cashless. Since digital payments are fast n safe. It also helps the economy to overcome the corruption problem. There is a need for call of special training program to make aware how digital payments system works, benefits regarding digital payments etc.

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Bhuvana said: (Sep 23, 2017)  
During demonetization usage of digital payments had increased a lot. Our honorable prime minister also suggested to go cashless. Yes I agree with digital payments because it helps to reduce corruption or black money. This notion is reaching to metropolitan areas then what about the villages.

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Nitin said: (Sep 22, 2017)  
Hi friends.

In India, many people are corrupted in our country. So, our government take a good step to make our country cashless. And using digital system provided by the government like ATM card etc. But many problems can face by the people of our country because they don't know about the online paying. But they know that our government step is good to make our country cashless.

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Ritika Rana said: (Sep 22, 2017)  
Yeah, I think so because it helps especially middle-class people to save their money through several taxes that is applied by the salesman to a customer. And even it saves time and efforts.

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Vineetha said: (Sep 22, 2017)  
Hi, friends.

After the action initiated by the honourable Prime Minister Narendra Modi, many people supported this act because it will stop the flow of black money, fake currency, etc. But some poor people have faced many problems because they don't even have ATM's to use. But later on all the people believes that it was great acts provided by the government. It made that India as a digital country.

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Arvind said: (Sep 22, 2017)  
In my point of view digital payments are secure enough for the Indian economy to go cashless.

After demonetization digital payments and transaction has increased, it shows that economy of India moving forward to go cashless. Now these days all digital payments are secrud by many security system that no one can miss use the others credentials while paying digitally. Indian government is also promoting the digital payment.

But Indian economy can't become cashless it will take many years to go cashless because in India rural areas people are not so much knowledge about digital payment, Indian government should take steps towards this type of problem.

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Chandan said: (Sep 21, 2017)  

According to my point of view, Digital payment is a good way to the growing of economics India.

Because there is some black money are reduced and also reduce corruption.

There is more beneficial for us that it saves time, and secure I know today in India someone doesn't know how to operate digital and also a problem if any hacker hacks your account, and also a problem in digital payment if server are not working proper ways. So my conclusion is about the digital topic is very well and some bad because everything is not perfect.

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Abhishek Yadav said: (Sep 21, 2017)  
As per my view, it is good to go cassless which would develop learning about new methods regarding digital payments. People can easily pay their their bills without standing for a long time in queue. It saves time and energy of individual.

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Ashish Sgingade said: (Sep 21, 2017)  
Hi, friends,

My name is Ashish.

According to me digital payments have been more secured continuously.

I hope, it will be totally secured In further 5 to 6 years and we will do our online or digital transaction more securely.

I think nowadays our online transaction is more secure than previous 10 years.

For ex:
On each and every transaction they (bank, online portals etc) will provide us one OTP (one time password) on our registered mobile number. And only we can access this OTP at the time of transaction. So we will be confident about our transaction that our money goes to authorized person. It wasn't happend 10 years back. So we have continuously secured day by day. It will also reduce our cost of paper currency and we will do our transaction in a minute. And in the country like India, to go cashless is very essential because India is top at corruption level among other 207 country.

Rate this: +6 -4

Rishi Jain said: (Sep 21, 2017)  
For the Indian economy to go fully cashless, the problem of security is secondary compared to the extent of digital illiteracy among the lower strata of Indian society, and the difficult access to banking services.

The government of India is taking phenomenal initiatives to promote Digital India, which had 3 primary objectives:.

1) Improve the digital infrastructure in India and provide high-speed internet to rural areas.

2) Improve the digital literacy among Indians.

3) Provide government services electronically.

The government has launched UPI (Unified Payments Interface), the BHIM app, we have access to e-wallets like Paytm and Freecharge, and also the newly launched Google Tez, which supports 7 regional languages. All of these apps have 1 requirement - bank account.

The government should lower the barriers to having a bank account. India can only go cashless if 100% Indians have a bank account, otherwise, they would be dependant on currency notes for their day to day needs.

Rate this: +10 -1

Priyanka Jadhavar said: (Sep 21, 2017)  
Yes, I agree nowadays India goes to digital marketing. The need for the cashless economy is that every shady transaction that is left unrecorded will now come into the picture making India one of the fastest-growing economies in the world.

Cashless economy is needed to reduce the taxes that are charged by the government due to the lack of funds in the government bodies.

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Ganesh Dahake said: (Sep 20, 2017)  

My name is Ganesh.

According to me Digital payment is day by day becoming more secure and one day will came when we can freely do our payments or transaction without any hesitation.

Also we have seen that according to year 2016 there is 22% increase in digital payment it shows that peopleare try to use digital payments methods instaed of cash. Google is lounging the secure app known as tze which will help us to do payment more easily and safely.

Because of this the persons who didn't know anything about the todays generation they will also start learning and will try to use digital system of India.

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Chetan Manohar Jamakhandi said: (Sep 20, 2017)  
Hai friends it is good to go for economy to be cashless. Because it saves a time while standing in queue the people can faid thier bill in smart phone only, and once you say to illeteral peoples they can also understand easily and start with cashless without drawing money from bank. And it is safe also. By this India will be grown.

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Arpit said: (Sep 20, 2017)  
Digital payments is secure method to easy payment without hard money. This process is very good for our economy system. Because it help to govt taxiation matter are also easy managed. And easy we pay to each other.

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Joe said: (Sep 20, 2017)  
Hi all, Digitalization in country like India is a worth pondering concern. Everybody is aware what mr Arun Jaitely said that the primary motive of demonetization was to inhance digital use of money instead of paper monet, to some extent the motive was fulfilled. Digitalization has increased by 20-25% as per the statistics, however the changes have been only seen in the urban or richer segment of population. The motive of highlighting this point is that we all know the literacy rate of India, in a country where 26.96% of total population is illiterate and where 21.9% of population is living below poverty line, how can we assume that going g totally cashless can help the economy. Inspite, of being a developed country every year more than $10 million fraud occurs in US. There are know skeptic thoughts that Digitalization is a great way to increase economy but first we need to educate our people and we highly require a system to educate remote areas on Digitalization.

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Alok Panday said: (Sep 20, 2017)  
Hello, everyone! I agree with my friend Ali,

I can say some thing problem has created in every steps which goes to best field. I know we are not devlop as much as like china, us. But initallisation of good thing is not bad, I know it is not easy but does it means that we leave it. Our 25% population is arrogent who is not believe in this type system. There are major problem in front of us whose should be try to over come it. India is not completely ready to became cashless. But if users use this type system very smartly then problem will be short out.

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Sonal said: (Sep 20, 2017)  
Yes, digital payment is very good for today's growing population. By sitting at home people can pay their electricity bills and various types of bills. But some people do not know the use of this system because of I'll literary, it becomes difficult to operate this digital system. So the main thing is to educate them about this system, most people who stay in the rural area.

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Neha said: (Sep 19, 2017)  
Everyone knows that the secondary motive of demonetisation to establish digital system and make India a digital India. The purpose got serve to the certain extent. Some of the report said that there is 22% increase in the digital transaction. There are different apps available for payment and Google is also launching an app called tez for the online payment. They are secure to the certain extent but there are hacker who can hack your account or digital system like ransom virus did. The main precaution is that the individual should avoided sharing there pin number and another confidential detail which can be used by hacker. So the digital payment are secure if an individual use it smartly and safely.

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Piyush said: (Sep 19, 2017)  
Yes digital payments is more secure than going with the cash. There are many digital payment mode like Paytm ,Payapp, phone pe and Google also launching and new pay app.
Digital payment can solve the problem of change. Today people are more familiar with this digital payment mode. As compared to October 2016 cashless payment mode increased by 22% , when compared to the October 2015.

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Ali Khan said: (Sep 18, 2017)  
Initially, I want to say that it is a prudent effort made by our government to go cashless.

It has many benefits as we all have considered before but what I want to convey are the hindrances that are creating a problem in such a well-intended effort.

Firstly we all know the level of literacy of our country, no need to talk much.

Secondaly, the crux is lack of awareness among people.

We are all living in a Global era of technology but we should not forget every coin has 2 faces.

I want to highlight the gray one.

I think many of us k ow how many days are taken by the hackers to hack Windows no matter how much security is being offered by Microsoft.

Coming back to topic, I want to draw your attention towards hidden charges that one has to give which paying through cards.

There is a service charge of 2% for sweeping the card ones that means if you pay 1000 you will be charged an additional amount of 20 rs.

The Most important point I want to raise is that if anyone is cheated while digital payment it is really difficult to recover the loss.

One of the reason is that there is a cyber tribunal in Delhi for addressing such cases but unfortunately that judges are not appointed to the court since 2007, many won't believe it.

So one can understand that how dreadful it will be for someone who met an unfortunate fraud.

So I want to say that before implementing cashless culture authorities should ensure proper resources to address the problems that are expected to come in the due course.

I want to conclude by saying that I am not a skeptic about the govt intention but efforts should be made to ensure justice first.

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Rahul Verma said: (Sep 18, 2017)  
According to me, it's a safe mode to use credit card instead of using paper money but on the end of poor people we see they even don't have the knowledge to use it even though many of vegetables and fruit vendor have swipe machines with them but they have to pay tax for that to let us take an example of a fruit vendor if he is earning a rs 100 profit after sailing fruit then he has to pay 20 rs tax on it because he is using swipe machine then is it possible for that person to survive. In my views, its is good but only on the part of the rich person but on another hand its bad for lower level people.

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Akku said: (Sep 18, 2017)  

Digital payments are secure enough for the Indian economy to go cashless up to an extent. And this is the reason our PM supporting and engaging digital payments. Even though they are secure enough to an extent there is are some potential dangers like hacking our account and our digital systems like what the ransom viruses did. To prevent such hacking and all utmost care must be taken while doing digital transactions ie never passing our OTP, pin etc to anyone else. This is one kind of hindrance in making India digital but the major issue our govt is facing is that, making our local people aware of digital transactions. India is a country with a great population and a notable part of our population is ignorant about the digital world, even there were people who were still ignorant about demonetization. So I think it is better to teach and make aware of the need for the digital transaction and potential dangers to people, then only we could make our India digital.

Thank you.

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Ketan Kumar said: (Sep 18, 2017)  
Hello, everyone.

I think if you are not ready to be wrong then you cannot achieve what is right. Demonetisation is a very good initiative taken by our government But it was implemented with half preparation. And so digital payments are not secure enough because of increase in a number of fraudulent and lack of some policies. We can definitely make it secure by educating or making people aware of digital payments and how to do it in a correct way.

As we enter the cyber world nothing is safe enough. But proper precautions can let us stay safe from hackers.

My point of view is it is secure to an extent but we can make it much better by some preventive measures.

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Soumya Sinha said: (Sep 17, 2017)  
Hello Everyone!

Demonetisation has played a very crucial role in upbringing the idea of "digital transactions. " well, in my opinion, there are both pros and cons similar to that of the coin which has two faces. People don't need to carry liquid cash along with them. Some advantages of digital transactions are:

1) easy to access: only one touch through phone via the internet and anything of desired quantity can be purchased.

2) no worries to carry lots of money to buy the expensive commodity.

3) it protects us from the pick-pocketers.

Now some demerits are:

1) with the advancement in the Globalisation, there has been an advancement in the field of technology and so many hackers and fraud may misuse the online transaction system so the customer need not to share private contact and OTP or password to anyone.

2) India is developing with the slow pace and villagers are unaware about the digital transaction as most of them are illiterate so, the education system must be strengthened.

In my opinion, going cashless is a much better option as there is no worries to carry a wallet. But the customer needs to keep in mind of not sharing a password or OTP with anyone just to have safe and secure transactions.

Thank you.

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Ankit said: (Sep 17, 2017)  
Digital payments is well secure enough than paper currency because it is fast as well as paperless so no need to save paper money just open one application choose mobile number, bank account or what the information need for that and enter the amount and send to the another person in that one confirmation code is given by the application called it OTP i.e. one time password enter for confirmation so it is very easy.

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Kajal said: (Sep 17, 2017)  
Digital payments are one of the best payment modes for the country. The best thing about is that it allows cashless transactions and one can access their money anywhere without having cash in hands, They all need for it is an ATM card. Moreover, in a developing country like India, it is important to acknowledge people about such facilities so that they can also get benefit from these new technologies. Digital payments modes are secure as well as very easy to access. Nowadays, nearly all people do have smartphones so they can easily access digital payments. In fact more the digital payments will be used less the cash will be used, which in turn will also save the paper. At last, we can conclude that digital payments should be promoted more and more in our country.

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Sonia said: (Sep 17, 2017)  
In India while we are coming with an idea of digitalization we have to encourage digital payments. India is a growing country, it is our duty to practice and make use of it. Almost all the digital payments available in India are secured. The lack of awareness makes people not to use digital payments.

It is necessary to educate the people about the benefits of digitalization and encourage them. Indian economy will grow if we promote this since India can beat the other countries which are already digitalized.

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Satnam Singh said: (Sep 17, 2017)  
I think digital payment is the starting of a new era of digital and smart India. It will play a major role in development of our country. It will play a vital role in fighting with corruption. Digital payments are secure and safe. We can pay for anything by sitting at home. It will make our life easy and fast. Seeing the benefits of it I fully support digital payments.

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Diksha said: (Sep 17, 2017)  
Nobody can witness the security behind a certain decision. Before taking an action the government should help to learn those who even don't know how to operate a smartphone, and also there are people who have cell phones but no internet available. In this busy life no one even cares for each other then there is no point to say that literate people go to the rural place and arrange a study camp for those people. India is full of middle-class society they want to save money by not taking the internet connection and even bargaining at the shop this will not be possible when India go cashless.

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Rashmi said: (Sep 17, 2017)  
According to me, nothing is fully secure here. If you carry hard cash, there is a problem of theft & if you are doing digital payments there is a problem of cybercrime. But if we see, we can control the problem of cybercrime as various laws are getting introduced to it. So there is a solution if people think that digital payments are not secure.

Now, if we talk about the initiative taken by PM about going cashless & encouraging digital payments, then I think it is one of the best initiative taken in order to make India Developed country. This will give a boost to our economy. It will increase the pace at which our economy is moving & most importantly it will control tax evasion problem. Also if we go digital, government's revenue generation will increase as the share of taxable population expands.

But for this, we have to work on some issues like infrastructure, educating rural population & ask them to use new technologies for their betterment.

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A.Ramakoti Reddy said: (Sep 17, 2017)  
From my point of view, digital payments are secure enough for the Indian economy to go cashless but if we compare the educated and the uneducated people in our India. Uneducated and rural areas are more so if we go cashless the most of the rural people will suffer and also there is no digital payment related things in rural areas. As we all know that after Demonetisation all the politicians and rich people are safe but only the rural people faced so many problems due to demonetization I would like to conclude that before going to be cashless government should take some steps to educate the people about the digital payments. Thank you.

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Vivek said: (Sep 17, 2017)  
I take it as the side of coins as an India is a country of farmers and lots of people are below poverty line. They cannot afford to have smartphones and all to make payment digitally. They are not having bank account also.

On another side, digital payment is a good option for people of the cities as it makes work faster and no need to go to the bank and withdraw money. Money is secured from the thief all people will keep money in e-wallet so the chance of crime is reduced to the greater instance due to the digital payment.

This is an opportunity for people who are not known to the mobile facilities to learn payment and side my side in free tin=me the can have the youtube surfing and can enjoy or gather information of their choice.

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Batth said: (Sep 16, 2017)  
Yes, I think digital payments are necessary to make the India cashless. It is right step to make the country corruption free and poverty free. The digital payments are secure enough.

Our cirbre securities are doing their good job on this problem. They regularly updates the security system.

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S Rana said: (Sep 16, 2017)  
If India wants to go cashless we should think that there are people who are not aware of secure payment or secure methods of online payment. As technology grows threat for data piracy is increasing and various malware viruses are affecting the giant entities too. So before going cashless the people should be taught about the secure methods of payment to avoid loss of money as more people of India are coming under average or middle class people and loss of money is a huge loss for them.

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Hari said: (Sep 16, 2017)  
After the demonetization affects from November of last year in India, there is an increase in the cashless transaction throughout the country which leads to security in sending and receiving transaction of money from others. This cashless transaction will lead to decrease in corruption it is a major advantage I think with this factor Indian economy will increase as Indian is a major country which is facing the corruption as the main problem so by cashless transaction there will be an increase in the Indian economy.

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Subhradeep Basu said: (Sep 16, 2017)  
Hello everyone!

According to me, it's too early to say whether digital payment is secure enough for Indian economy or not. The government in charge has to burn the midnight oil to make this move successful. Not only they have to teach the fellow Indians about e-payments and net banking stuff but also they have to educate them about cybersecurity and cyber threat prevention.

Teaching online transaction and educating cybersecurity should go hand in hand.

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Lovesh said: (Sep 16, 2017)  
What I believe is, this digitization of payments has recently been adopted in India. Talking about security issues, it takes time to improve things especially when it is to be implemented for mass, but what's important is an initiation of digitalization and adaptation of it by common people which was the result of demonetization. Security issues will be rectified anyways when digital wallets like Paytm, Airtel Pay & others will compete in themselves to attain the trust of the customers so that customers use their service. In India still, there is a major chunk of people who would not change or will not adapt to change unless it becomes a need. That's what Demonetization did. It created a need, and common people started adapting it and using digital wallets, as it was difficult in early demonetization days to withdraw new currency notes from the bank as cash.

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Harsh said: (Sep 16, 2017)  
According to my point of view, digital payment is absolutely right decision to make our country growth as seen from the payment point of view we can pay rupees in any firm or any bill payment company payment can be done by only a digital payment facility it will be some difficulty for the people who don't know about the online transactions processes but by teaching them properly this thing I m sure that digital payment can make good growth of the country and from wherever place we are able to do the payment and for the people to learn about digital payment process government has to take some steps that there will be seminars or the things held in villages in which people get knowledge about the digital payment processes.

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Sivateja Padma said: (Sep 16, 2017)  
Well, I think digital payments is secure enough. Today in this hurried world everyone has a knowledge of how to make payment through online. It is quite happy. It is not possible to carry the big amount where ever we go and it is a security problem also. If we make a habit of using digital payments it doesn't cause any insecure problem.

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Chaitali Bora said: (Sep 16, 2017)  
I see this situation as an opportunity to bring up India out of corruption, poverty and iiletracy. Since demonetization people have come to understand what is ATM, net banking I believe with time we will cope up with the challenges expressed earlier by many of my friends. If we want change it should begin from I, thus its my your and our responsibility to work together to fight against cyber crime. Literate people like me can work together organize small campaign in your society itself to make them aware about the changing world. It was really fascinating for me to see a note "ATM cards are accepted here" around a small thela near the tourist place. PAYTM being accepted by taxis this are the opportunities for us to go cashless and fight against the corruption that pulls India back foot.

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Akshay Laddha said: (Sep 16, 2017)  
As I feel as compared to other countries there are around 192 countries in the world and where we talk about developed countries most of them are digitalized. So, become aware of this fact their economy is also on d best position than India. See they have also security issue but in recent era, every prob has a solution and every activity has some risk. Because of only security issue, we won't adopt cashless payments, not a right choice. Every county had at their time resistance to change issue, Security issue but they overcome it. Same happening with India we will overcome all issue after taking into consideration of time factor.

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Pragya Porwal said: (Sep 16, 2017)  
In developing country like India which has a huge population, it is difficult to make all citizens aware of the technical services whereas we are not fully equipped in technical aspects. The idea of pm to go cashless is not satisfied all of the scenarios but it is a good initiative. In my opinion first before making Indian economy cashless government have to provide some basic plans or schemes in which technical people teach the villages citizens and all others about the digital payments process.

In our country, people who belong from rural areas are totally unknown from current technology so it is quite difficult for them to understand the procedure of digital payment whereas they even didn't know about ATM or internet banking.

Again, I repeat my words its a good initiative but government have to implement this after few year.

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Bhavan Reddy said: (Sep 15, 2017)  
At first educated people should starting using digital payments, if we educated people to start using then we can bring awareness to the people around us, why people around us lets start from our home. If we start from home then slowly it moves from one house and from house to every people. We need to create awareness among people through newspaper and through the pamphlets and we need to move our country towards one generation.

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Harman said: (Sep 15, 2017)  
In my point of view, digital payment is not secure until or unless everyone got to know about this thoroughly because there are many rural areas where people do not about smartphones, how to use them, what is digitization, how to make payment online and all. So until each and everyone is not aware of these things digital payments is not secure enough for the Indian economy to go cashless even though it has many advantages.

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Harman said: (Sep 15, 2017)  
In my point of view, digital payment is not secure until or unless everyone got to know about this thoroughly because there are many rural areas where people do not about smart phones, how to use them, what is digitization, how to make payment online and all. So until each and everyone is not aware about these things digital payments is not secure enough for the Indian economy to go cashless even though it has many advantages.

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Harman said: (Sep 15, 2017)  
In my point of view, digital payment is not secure until or unless everyone got to know about this thoroughly because there are many rural areas where people do not about smart phones, how to use them, what is digitization, how to make payment online and all. So until each and everyone is not aware of these things digital payments is not secure enough for the Indian economy to go cashless even though it has many advantages.

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A U D said: (Sep 15, 2017)  
Yes, it will. But we need to Implement security system. Daybyday the hackers are increasing. The Government must emerge a security to an app like Google it should not to hack. Then it ll be best. Second major problem is illiteracy. As 1 member of family educated can teach to another person to how to handle digital people. Digital payment saves time to pay by hand by staying in queue. The Major advantage is digital payment ll help to rid of corruption and black money. All money ll come in use help maintain an economic condition of India.

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Amol said: (Sep 15, 2017)  
I would start with an example of one of my friend who lost 30,000/- of his cash somewhere just a few days ago. And guess what, he doesn't even have a bank account. This situation for him would not have arrived if he had a bank account and cashless economy system.

I agree that there are some disadvantages of the cashless economy also, but what I believe is there are some pros and some cons for everything. Instead of keep boasting about cons if we work on it, the things will be great and it's the responsibility of us, the youth, to make the illiterate people aware of this things.

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Anjali said: (Sep 15, 2017)  
According to me, the very first question is not that whether the digital payment is secure enough or not but it is that how much population is still aware of it. In a country like India where 65%-70% of population is still lives in rural areas then it becomes very important for the government to first aware them and offcourse should take initiatives to make digital payment more secure in a way to make aware the people who don't have much knowledge about it.

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Kishor said: (Sep 15, 2017)  
In my view, digital payments are not secure in a developing country like India. Basing on the fact that western countries run majorly on the cashless transaction, we should be able to think of the country's present economic structure. There are some rural areas where a smart phone is not known. Being in such a country that the cyber rules are not good enough to handle cyber issues. Educating people on a cashless society and making them habituate to the technologies even in rural areas can have a scope to develop a digitalized nation.

Rate this: +4 -2

Hemasri said: (Sep 15, 2017)  
As meera said, we have to take initiate from our side, because changing should be done on our side. If we start digital payment on our house it's a good start of every one knowing that our house mades. There also take interest to use this. And in my view, digital payment is very useful. Because now a days the online shopping is also increased. We can transfer the money by the blink on a eye through digital payments. And some people may afraid that it has some drawbacks also like insecurity of account hacking should be done. By this government take a strictly action also. So the people who don't know about digital payments. We have to make a awareness of this through the commercial advertising also. It is a great platform for connecting with the people. By this the black money should be avoided and our financial status also increases. Finally my conclusion is go cashless is also very safe and secure and encourage the digital payments for our bright future.

Rate this: +13 -7

Mohan Ghyar said: (Sep 15, 2017)  
Hello everyone.

As per my serve, some business man or retailer give charge on digital payment 1.5% when the customer charges on the charge rs 10000/- charge 150/- he could not paid digital payment. He think about charges.

Rate this: +6 -2

Kush said: (Sep 15, 2017)  
From my point of view, digital payment for not secured. Indian government have to make some high level security for the online transactions which helps to reduce the frauds and people. Can use digital payment without hesitation?

Rate this: +1 -0

Mohammad Junaid said: (Sep 15, 2017)  
First of all, the thing we need to understand is that nothing is safe in internet. The thing we can do is taking preventive measures. As to talk about secure digital payments, the mode of transaction is safe upto an extent but the thing need to remind is preventive measures such that don't share your otp passwords and etc.

Rate this: +3 -2

Kanak Kant Tomar said: (Sep 15, 2017)  
Digital payment methods are now one of the most growing fin-tech methods, but that is not the immaculate system, especially in India, the ere are some loop and holes in this system. We have seen million of S.B.I accounts were hacked by hackers at the time of demonetization it shows the vulnerability of our data on internet. Our cyber laws and cyber cell are still not that enough to control these kind of activity which may cause our countrymen a huge economic loss.

Rate this: +11 -3

Vikash Kumar Verma said: (Sep 15, 2017)  
As my point of view, digital payament is very good because its convenient for India users but one most demeit for village peolpe becuse most of people no enough education about how treat the digital paymnets or online transation so first be need educating people than do the implementation the digital.

Rate this: +2 -3

Mukesh Krishna Reddy said: (Sep 14, 2017)  
According to me, Indian economy is in great trouble due to G. S. T and demilitarisation. Our governments are setting goals and working, one of our goals is going cashless, in developed countries like USA total economy is cashless there must be a liquidity, nowadays cyber crimes are more. I thought digital payments are not secure enough. This a good idea and implementation must be done by using strong principles.

Rate this: +5 -4

Niharika said: (Sep 14, 2017)  
Hello Everyone,

Talking about the security of digital payments, India is yet not well equipped to make this move secure and risk free. Govt should educate people on how to use digital payments, strict rules should be made for penalties and severe actions to be taken on fraudulent payments, RBI should set standards with e-wallet companies to avoid them to take undue advantage, Heavy investment should be done to make the digital infrastructure secure. Make digital India should move on but giving enough time to existing structure to change gradually. It should not be on the cost of security of citizens using online payment systems.

Rate this: +7 -1

Rishi Agrawal. said: (Sep 14, 2017)  
Hello friends,

In my opinion, going cashless is good enough for increasing the economic condition as well as reducing the time taken to do a job related to money but the thing is we are in the age where in some places people's still don't know how to use Facebook, then how can they do things like online transactions Moreover in most of the places banks are also not available, peoples don't use banks to keep money due to unawareness then how can going cashless work there.

So, from my side conclusion would be that it's well and good to apply cashless transaction everywhere but before that people's need to get aware of that things, and also it should be easily reachable to everyone.

Rate this: +24 -4

Yashi Dwivedi said: (Sep 14, 2017)  
Hello everyone,

As per my opinion, digital payments are secure enough but some people are not aware of digital payments. The person who are illiterate they do not know about it. Government has to make aware of it so that all the people can take profit of it.

Rate this: +21 -0

Ram said: (Sep 14, 2017)  
In my opinion cashless transaction is good for India. Because India is developing country so it required tobimprove our economy. But educated know about the pro and cons. We have to involve to awareness about cash less transaction. In India just 2 percentage of people are using. Cashless transaction. In cash less is reduced black money and too much time spend the bank. So cashless transaction raise the question about security and cyber crime. So bank providing good security systems. So cashless transaction required for current situation.

Rate this: +7 -3

Shakti said: (Sep 13, 2017)  
Yes, digital payements are secure enough for India to go cashless but only valid for trusted authorities. As an Indian where most of the people are middle class, money matters a lot for them and if something wrong goes with there payment can affect them a lot thus in order to promote digital economy firstly government has to make sure that all there transactions are safe with this website or app and thus go for digitisation.

Rate this: +4 -5

Abhilasha Modi said: (Sep 13, 2017)  
Digital payments is surely benefitial by saving our time and transforming Indian economy. But the security reasons are a major concern. The cyber crime and hackers are smart enough to tackle the technology. Whereas the poor and the illiterate have no knowledge about it. Thus it will be much better first to make an "educated India" than a "digital India".

Rate this: +20 -4

Rockstar said: (Sep 13, 2017)  
According to me, its a bold step to implement on the country like india, we don't have proper Internet speed. Half of the population don't have bank accounts and the one who have most of them don't know how to use it. And safety issues are always there.

Rate this: +3 -3

Meera said: (Sep 13, 2017)  
Hello everyone,

In my opinion, digital India is a good idea which make our transactions quicker and easier within fractions of seconds and it is the modern technology which can have better control over administrative and finance. But as we know for every thing there are pros and cons by using online transactions there arises security problems and recently we came out from cyber crime.

If we observe in our Indian population many are comfortable with non digital transactions as they are unaware of advantages of online transactions, so suddenly a complete change cannot be expected but educated youth should explore this technology atleast within thier houses so that we can expect modernised transactions in every house.

Rate this: +29 -4

Nayana Kharatmal said: (Sep 13, 2017)  
Yes, by my opinion, cashless transaction is a step ahed to make our country as the developed nation. People don't have trust on cashless transaction even if they are educated. Our government aware people regarding to carless transaction means you can do transaction at anytime, anywhere and also you reduce the time which spend on bank line to take and withdrawal money or transfer money.

Rate this: +8 -5

Pihu said: (Sep 13, 2017)  
As India is not developed country. It is developing country. Most of the Indian population is illetrate. And they will not understand the idea of being going cashless. First government should have to take the initiative to educate them. Before focing on this idea of being cashless. Proper knowledge should be shared with all. And secondly India lacks proper security systems. They are rising case of cyber crimes. Steeling of data etc. So first of all these two factors should be taken into consideration. So for now by seeing the present condition I don't support the idea of being going cashless.

Rate this: +8 -1

Kavi Kumar said: (Sep 13, 2017)  
Hello friends, good morning.

Yes, It may secure for the Indian economy, But the digital payments are not enough to secure. The large population of India resides in the rural areas. They are not aware of digital payments and bad expert of this field take benefits of this.

So, Go for cashless is good, but the thing is, make aware as soon as possible to the common man so Indian economy gets the benefit.

Rate this: +5 -4

Madan Tiwari said: (Sep 12, 2017)  
In India digital payments is usable for economy. Digital economy help to killed black money because with the cash to grow the black money system. In digital payments is usable but without secure the banking system and network. Digital payments using all world but without make strong security zone system digital cash is not secure.

Rate this: +2 -8

Shruti Mittal said: (Sep 12, 2017)  
In my opinion, cashless economy is a very good idea as it helps in saving time, energy, paper which in turn helps to save environment also. As every thing has some prons and cons likewise it also has of increasing the cyber crime but it can be controlled by making advanced apps. The main problem which comes in the path is the low literacy of India as most of the population of India don't know what does cashless means?

So, its the duty of educated people to promote digital transactions and create awareness among illeterate people about the benefits of digital transactions then our country can proceed towards developed country.

Rate this: +18 -2

Rahul J said: (Sep 12, 2017)  
Yes, However we have come to cashless economy, to empower our economy and to stand equal to rest of world for both national and international interests. But one side if we see, in going cashless we need secured systems and network, that we don't have. We always hear the number of cases of fraudulent happening around the world stealing money digitally. So, obviously, digital economy is not secured even coming so far in the stage of development.

And we all know there are some benefit of keeping cash that might over come some of the cons of digital cash like- distance between rural people and internet/atm.

Therefore, we have to rely upon both cash and cashless economy.

But I would like to make one more point that before going cashless, as we are new to it, we should have developed a through out architecture or flow to implement it in a better way.

Rate this: +6 -2

Akshata Pathak said: (Sep 12, 2017)  
Digital payments are secure enough for the Indian economy to become caseless because all the transactions will take place through bank and other financial body, then govt will have record of every person, no-one will be able to misuse money, corruption will also reduce, this will reduce thievery and other wrong wrong work that generally takes place in our society. This reduces time so it's good.

Rate this: +3 -0

Krunal said: (Sep 12, 2017)  
Hello everyone, in my opinion digital India is a great incentive taken in our country. But as we know coin has two sides so going cash less in not a good dission. According to the article 35%of our Indians are illiterate so in that case going cashless in not a good dission right now.

Thank you.

Rate this: +5 -1

Nancy said: (Sep 12, 2017)  
In my opinion, Digital payments are easy and time saving. But they require a large amount of security too as there is a lot of crimes going on, bank accounts being hacked and losing confidential data to hackers. Though saving time and easy payments digitally they demand a lot of security too. So, that people may consider it safe and can be dependant on this method of transaction.

Rate this: +1 -2

Santunu Biswal said: (Sep 12, 2017)  
As per my opinion, India is a developing country and we are moving towards Developed so we have to add modern technology towards our daily habbit, at a time all are not going for cashless transaction because of due to the literacy ratio in our country still 40% population of our country are illiterate it is very difficult for them to make a electronic transaction. So we need to create awareness among them about the cash less transaction and make them understand the advantages and disadvantages.

At last I would like to conclude that educated people can go for cash less transaction and they should try to understand the uneducated people about the cash less transaction so in near future they can avail for the electronic transaction. By this we can reduce corruption, robbery, printing cost of currency. Reduce our time by standing in line.

Rate this: +18 -0

Abhishek Raghuvanshi said: (Sep 12, 2017)  
Digital payment is a good mode of payment and better to have a cashless economy. But friends before generalizing this digital mode of payment proper education at the rural sites are must, we have to make ensure that each one of us are able to use this mode for our basic transactions.

Now the next talk is about the security, is our cyber security system that much strong and capable at present to control all the cyber crimes that would be taking place after going cashless.

Thank you.

Rate this: +6 -3

Yash Baghel said: (Sep 12, 2017)  
Sorry for interruption gentle-man, I don't think that digital payments secure enough for the Indian economy to go cashless because It provide the easy path to the crime although this is not the main reason of crime but still digital payment is the easier way to increase crime and second thing is that digital payment and all over these type of system completely depends upon the Internet and electonic machines and we can not dependents completely upon these machines.

Rate this: +5 -1

Manisha Mishra said: (Sep 12, 2017)  
In my opinion, digital payments are good for Indian economy. It is not only easily accessible but also secure. Person who have lack of time, digital payment have made their life easy. Digital mayment in government sectors leaves no loop hole for corruption like practices.

Rate this: +5 -2

Aman said: (Sep 11, 2017)  
In my point of view, Digital payments are good for Indian economy because the corruption level in India will decrease. But the digital payments increases side by side cyber crime will also increases and insecurity for digital payments. We have to increase digital payments with better security. Digital payments save time, money, petrol etc compare to cash payment.

Rate this: +42 -4

Rahul Patil said: (Sep 10, 2017)  
According to my view, going India cashless is best way to stop the curruption in India. I think we should think about that the future. I agree, rural or common people have a no idea about to use this. But we know that now days some peoples are using atm but earlier years ago those peoples had no ideas to use ATM card but still now they using. Just like same. If they observing this system service then definitely one of the day they can do it.

Rate this: +14 -8

Gurmeet Singh said: (Sep 10, 2017)  
According to me, it's very good idea to implementing digital payments because there are lots of benefits from the digital payment system. First, we don't need to carry money in a physical way. It also decreases the chances of stolen money. And second is we can easily send their money anywhere in the world with a fraction of seconds and anytime we can send. Nowadays many people using this scheme and many other also are interacting with this system. It's will move the scintillating changes of our life. But the main overarching things are how we can implement in whole India because now this scheme in nascent stage we can't implement this scheme in the whole country because 65%of our population is leaving in rural area and many more middle age persons don't know how to use mobile, laptop and computers, so we are in nascent stage we will need much more time to implement this scheme in whole country and confer knowledge to people how to use this scheme in more systematically way.

Rate this: +12 -5

Rajat said: (Sep 10, 2017)  
Making all payments digital is the best idea. Digital payments will only require the internet. But it will not depend on ATMs. If given a proper lesson about digital payments, poor people can also make use of it.

Rate this: +2 -2

Akash Jagiwala said: (Sep 10, 2017)  
In the era of BLOCKCHAIN, where people are talking about doing online transaction across the world, in such digital cashless era if we don't introduce cashless transaction then it would hamper our country very badly.

Before demonetization, 72% of Indian population were doing the transaction through cash but after 8th November 2016, the scenario is another way around ie 80% of the Indian population is doing and has adopted cashless transaction.

Coming to the point of Security, There are no systems or techniques or devices which are 100% secured. Even hard cash is also not secured, many Bank robbery cases has been filed till date. So it's our individual's responsibility to take care off.

The Government has started providing high-speed secure internet by developing proper infrastructure, Yes definitely it will take time to educate them but 5-6 years down the line, it won't hamper Indian economy.

Rate this: +7 -5

Supriya said: (Sep 10, 2017)  
YES, In my point of view, the digital payments are absolutely good. Because now at present in India there a scarcity of change. So we can't make 100%india as a digital payment, but up to some extent. Those who are able to use they can use digital payment and those who are uneducated they can go by cash. So, both can survive. Later on, the uneducated people also learn slowly but it would take time and to understand the process. It is our duty to educate the people and beware of hackers. Because technology is increasing day by day. And our India will be developed country only when changes occur until that it would we developing the country.

More over crimes also increasing and we have to be careful for this problem. Still, we can go head because for every problem there would be a solution. As India overcome may problems till know.

Hope for good.

Rate this: +5 -1

Shivam said: (Sep 10, 2017)  
Well, I say the more we are increasing our usage of digital payment the more hacking attack we were listening day by day recently we saw the group of hackers hack the IT sector system to whom we are giving our digital payment details and from whom government had satisfied us about the security of digital payment and they were hacked by some other person so how we say that digital payments are safe government take some serious action for the sake of safety.

Rate this: +3 -1

Kamesh said: (Sep 9, 2017)  
Hi, my name is Kamesh. I would like to say that digital payment is the secure system to go for cashless India. India is developing and the cashless economy will help tremendously in the growth of our country. Black money system will go away through digital economy. And if talk about the learning of this system, it is very easy. India is the country of creative minds and Indian are always ready to adopt the changes for personal answer social growth.

Rate this: +3 -1

Bishal Kumar said: (Sep 9, 2017)  
Going cashless is basically like two faces of a coin, having both its pros and cons. Going cashless means our government will be able to check on the amount of money transferred, the transactions can be checked and hence, better control over administration as well as finance. But in the meanwhile, going cashless would make the person go vulnerable as there are many out there waiting for just an opportunity to hack into a system and steal the valuable information. The best way is to provide awareness and education regarding this and providing better security. Only then people shall be sure enough to have their transactions online and go cashless.

Rate this: +3 -0

Ajay Gupta said: (Sep 9, 2017)  
As per opinion.

No, digital payments secure not enough for the Indian economy to go cashless. Because in India is not so developed to secure digital payments. Around 37% people are illiterate in India. Day by day Hackers are increasing. So before digital payments, the govt should have must aware to people.

Thank you.

Rate this: +24 -8

Shreya said: (Sep 8, 2017)  
According to me, being the cashless country is good step to remove the corruption from our society and helping. Our country toward the developed country. But there is the most important act is made India educated to use the digital payments system as hacking and stolen money from their account are increasing day by day. Indian govt Should provide the facility to make everyone aware of how to access this system. But it's not the responsibility of only our govnt its our too. In every family, 1person are educated they can be thought their family member how to use this system. It is our responsibility too.

Rate this: +49 -10

Geetika said: (Sep 8, 2017)  
Going cashless is the easiest, quickest and simplest way to transfer money beneficial for our country as it will curb the black money, stealing, begging and other things. But in country like India many people are illiterate and if we overcome these problems there are risk of people to be easily fooled by frauds or by cyber crime. Many places in India don't even has proper networking making it difficult to transfer money or even in situations like blocking of calling or net in a particular area can cause a huge hustle and bustle in that area I am saying that going cashless is a good thing bus going completely cashless is not that great idea.

Rate this: +23 -3

Anurag Yadav said: (Sep 8, 2017)  
According to me, if we talk about the safety then no doubt digital payment is a good option but in our country like India where most of the population lives in rural areas, it is not easy to adopt this option. This is a time taking process so before implementing it the government Should start various schemes to educate people about digital payment system and then after sometimes should implement it in our country. We youth should also take an initiative to educate our elders and family members about this digital payment system.

Rate this: +26 -3

Yatesh said: (Sep 8, 2017)  
I think each and every thing comes with some advantages and disadvantages. In the case of going cashless there are many advantages as everyone said. The major task will be to overcome disadvantages. On the other hand if we talk about illiteracy, digital payments is nothing rocket science that can't be taught.

Rate this: +12 -6

Shubham said: (Sep 8, 2017)  
It is good time for us to go for digital payments. Out of Total population, 65% is youth having an average age in between 26-28 years but the people live in villages, some of them does not even know, "what is internet?". What I belive? We should go for digital payments with effective and efficient measures.

But we have to go through the fact that, there are so many hackers around the world named as kevin mitnick, Anoymous etc having a capability to hack the entire nation and stole the cash flowing digitially in India.

If I talk about kevin metnick, he was able to hack Petagon defence located in Arlington County. So we have to find measures to deal with these kind of activities could happen in India after digitalise the economy.

Rate this: +6 -4

Pradeep Rao said: (Sep 8, 2017)  
According to me, cashless transactions will be implemented by ourselves only, how it means, mostly every home in our country have at least one educated person in their home, so they should explain the advantages and using of cashless transactions to their families.

And instead of giving unusual advertisements should give, the steps to use the cashless transactions.

Strong foundation will give a good result. So the government will bring the awareness of cashless transections from schooling by providing lessons having digitilized India. This will leads to protect them from security problems evolved in coming future.

Rate this: +3 -2

Rohit Gaurav said: (Sep 7, 2017)  
Yes, it is secure enough to the Indian economy to go cashless. It's great being cashless Nation but it still needs lots of improvement. The government sites are not crashes and they are not frequently updated.

Rate this: +1 -1

Kenam Saikishore said: (Sep 7, 2017)  
I agree with the points which others mentioned. In my point of view, yes, India is ready to go cash less as India is a developing country it would be a great step. Recently RBI has passed regulations regarding cyber crimes in order to safe gaurd the customers who would be effected by these cyber crimes.

Rate this: +1 -0

Are digital payments secure enough for the Indian economy to go cashless?

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