Are digital payments secure enough for the Indian economy to go cashless?
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2111 comments Page 103 of 212.
Ayushi suryawanshi said:
8 years ago
Hello, friends, I am Ayushi Suryawanshi, according to me, for a developing country like India digital payment is not a very good idea to overcome corruption. There is a lot of people who live at streets are not able to buy even a smartphone, they earn daily and spend daily, and also they are not educated. The digitalization is obviously not possible. Before digitalization, India has to work on some other areas like education of that people. I'm not saying that digital payment is a bad idea but before it there is a lot of things to do.
(10)
Chandan said:
8 years ago
Hi.
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.
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.
(7)
Amandeep said:
8 years ago
Hello, I would like to state against the argument by stating that more than 35%of the Indian population lacks the access to the internet and thus lacks the ability to pay by means of e-wallets and credit cards.
While e-payment can be less time consuming there has been an uproar among the rural areas about the unavailability of cash and people having to wait day and night to get their cash due to demonetisation.
Thus availability and proper education about the cashless economy should be given first and then the actions should follow.
While e-payment can be less time consuming there has been an uproar among the rural areas about the unavailability of cash and people having to wait day and night to get their cash due to demonetisation.
Thus availability and proper education about the cashless economy should be given first and then the actions should follow.
(27)
Sadiya said:
8 years ago
Hello, everyone.
It's a great topic to discuss. My point of view on India going cashless by adopting digital payment is somewhat little different. Now we have many online payment apps. These apps are on mobile phones. Which I don't think in a country like India today. Which is under developed and have lots a poverty, all the citizens cannot afford these facilities of online payment. Even the rate of literacy is not so high in India. First of all, these issues need to be solved. As India becomes developed in more ways we can adopt it.
It's a great topic to discuss. My point of view on India going cashless by adopting digital payment is somewhat little different. Now we have many online payment apps. These apps are on mobile phones. Which I don't think in a country like India today. Which is under developed and have lots a poverty, all the citizens cannot afford these facilities of online payment. Even the rate of literacy is not so high in India. First of all, these issues need to be solved. As India becomes developed in more ways we can adopt it.
(11)
Virendra Jagtap said:
8 years ago
Hello friends,
As per my opinion, the digital payments are secure and it is the best way of completing the transactions. But, when we consider the digital payments as an option to go cashless, then it is not possible for the Indian economy.
Before completely relying on digital payments, we should not forget that it is not possible to get the internet access easier for the people living in villages. If internet access is made available, then also it is not going to be an easy task for the illiterate person to go through the process!
As per my opinion, the digital payments are secure and it is the best way of completing the transactions. But, when we consider the digital payments as an option to go cashless, then it is not possible for the Indian economy.
Before completely relying on digital payments, we should not forget that it is not possible to get the internet access easier for the people living in villages. If internet access is made available, then also it is not going to be an easy task for the illiterate person to go through the process!
(3)
Kishor said:
8 years ago
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.
(4)
Monai. said:
8 years ago
Yes I do agree with this points.
We can just think that on a point of sale if we have both cash and card or other e payments whether indians go for cash or card I think that most of the people go for cash. What's the reason security yes of corse the mindset want to be changed people are not properly aware about the same. The risk we took is almost similar if proper measures are been adopted.
*proper awareness.
*know the schemes programs.
*availability of epayments in small amout transactions.
*technical support like call centers.
We can just think that on a point of sale if we have both cash and card or other e payments whether indians go for cash or card I think that most of the people go for cash. What's the reason security yes of corse the mindset want to be changed people are not properly aware about the same. The risk we took is almost similar if proper measures are been adopted.
*proper awareness.
*know the schemes programs.
*availability of epayments in small amout transactions.
*technical support like call centers.
(7)
Abdul Rehman said:
9 years ago
Hello everybody, As we can see that nowadays every payment is going cashless even the retail storekeepers are using cashless payments.
According to me, cashless transaction is good because it reduces corruption and black money and also the transaction is faster.
Everybody in cities are having smartphones and internet so they can secure their payments, but people in villages and rural areas they don't have much knowledge about internet, if guided properly they can also secure their payments and make India a corruption free country.
According to me, cashless transaction is good because it reduces corruption and black money and also the transaction is faster.
Everybody in cities are having smartphones and internet so they can secure their payments, but people in villages and rural areas they don't have much knowledge about internet, if guided properly they can also secure their payments and make India a corruption free country.
(14)
Shubham jsr said:
9 years ago
I think it is better to go cashless as it is is totally totally cashless Atif I thought about secure than it is not secure enough because recently we had a case in Hyderabad that there was a robbery from ATM of someone says on not only even made the account in Paytm and his laptop rupees are there in August if you want to go Canada government regulations for the safety for us we can say is also known as it is totally useless but the government should in hanging camp reason to give the proper knowledge how to go cashless.
Thankyou.
Thankyou.
(2)
Aarthi said:
8 years ago
Good evening to all,
My point of view about this topic is, this digital system has both good and bad.
Every people is not well educated and even some people don't know to use the ATM cards in that case this digital system is useless only.
Money is the basic need for everyone day to day life. We can't use the cards in every places.
But this digital system was implemented successfully in every places and the every people are aware of this means our country fully digitalized and reach the higher position compare to other countries.
My point of view about this topic is, this digital system has both good and bad.
Every people is not well educated and even some people don't know to use the ATM cards in that case this digital system is useless only.
Money is the basic need for everyone day to day life. We can't use the cards in every places.
But this digital system was implemented successfully in every places and the every people are aware of this means our country fully digitalized and reach the higher position compare to other countries.
(2)
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