Are digital payments secure enough for the Indian economy to go cashless?
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2111 comments Page 104 of 212.
Raju said:
8 years ago
In cashless transactions both advantages and disadvantages are there, in that some what I shared to you,
Yes, digital payments are very easy for this generations. It makes easy way to banking through internet.
Digital payments are safe answer secure transactions and also traced. Even it helps to reduce corruption.
Disadvantages.
The digital payments makes extra charges and services. Time consumption and also hacking.
But most of the thing is that woithout awareness, India will not take very long time for cashless transactions.
Yes, digital payments are very easy for this generations. It makes easy way to banking through internet.
Digital payments are safe answer secure transactions and also traced. Even it helps to reduce corruption.
Disadvantages.
The digital payments makes extra charges and services. Time consumption and also hacking.
But most of the thing is that woithout awareness, India will not take very long time for cashless transactions.
(17)
Priyanshu said:
8 years ago
In my point of view through digital payment we are entering into the new age of technology, and I think only digital payment is way through which we can have a control over corruption & black money and as far as the time is you will never find right time to introduce something new, literate or illeterate every body can learn this if they try it once, however, government should conduct workshop regarding this in remote areas specially, also make them aware of it's advantages & precautions that should be taken by the users.
(13)
Neha saxena said:
8 years ago
In my opinion, digital transactions are secure but the main problem is that most of people especially in small cites and rural areas are not really aware about of digital transaction. And they are not very comfortable with the new methods of payments so want to stick to their traditional way of exchange that is cash. But gradually they will be habitual with digital transactions. But at the same time the regularities authories should make sure that the with the growth of digital transactions the security should not be compromised.
(3)
Shubhra garg said:
9 years ago
Hello everyone,
According to me, Digital payments is secure and it is a good idea has taken by the PM, but it creates many problems for rural area people, who have not account in bank and they are not using any kind of card, also they don't know use any app for payment like Paytm etc. Because that don't know about new technology. In INDIA almost 40% population are uneducated so it's very tough to use these technologies. It's good idea to recover the black money in India but it is not possible to make cashless the Indian economy.
According to me, Digital payments is secure and it is a good idea has taken by the PM, but it creates many problems for rural area people, who have not account in bank and they are not using any kind of card, also they don't know use any app for payment like Paytm etc. Because that don't know about new technology. In INDIA almost 40% population are uneducated so it's very tough to use these technologies. It's good idea to recover the black money in India but it is not possible to make cashless the Indian economy.
(1)
Onkar gurav said:
7 years ago
As digital money transfer is very secure system only for educated people because there are directly money transfer to the receiver account and no esue about money thef or fall from pockets. Also no worry about carrying of money in pockets. But other hand lessawear people about digital system are unsecured for the digital transfer. At any instant place or any time we can transfer money to anyone account or also for shopping etc. But sometimes because of incorrect information there will be chance to transfer cash on unknown acount.
(5)
Alok said:
8 years ago
In this technical era, living without technology is not so easy.
If we talk about digital payment, it is not new for foreign but for India, it is. In market there are various type problem but change is big one and digital payment is solution, and it saves time absolutely without going bank we can transfer or receive money from others, it also helps for government to observe the tax payers and no one can cheat government means there will be no concept of black money every single rupees information government will possess easily.
If we talk about digital payment, it is not new for foreign but for India, it is. In market there are various type problem but change is big one and digital payment is solution, and it saves time absolutely without going bank we can transfer or receive money from others, it also helps for government to observe the tax payers and no one can cheat government means there will be no concept of black money every single rupees information government will possess easily.
(16)
Kunal said:
9 years ago
I don't think this is a good step if you consider whole country. If we consider only a state like Delhi where around 25-30% of population don't even have permanent residence proof (living in unauthorized colonies) so most of people don't have bank accounts. And people are not properly educated to handle online transaction. Consider if you want to pay online through credit/debit card you have to pay tax. In order to save tax, you use vendor like Paytm, meaning people will rely more on these sites which may not be the safest mode.
(5)
Anurag Yadav said:
8 years ago
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.
(26)
Sumit said:
9 years ago
Hello friends,
In my point of view, cashless India is the best concept for the Indian economy. It is useful to make our nation free from the corporation. It is one step against corruption.
In the digital wallet, we can take our money secure as compare to another source. In rural area face some problem about it, but they can learn about it then they also use it easily. Digital payment is saved our valuable time. It makes our nation technically perfect.
Finally, I conclude Digital payment secure enough for the Indian economy.
In my point of view, cashless India is the best concept for the Indian economy. It is useful to make our nation free from the corporation. It is one step against corruption.
In the digital wallet, we can take our money secure as compare to another source. In rural area face some problem about it, but they can learn about it then they also use it easily. Digital payment is saved our valuable time. It makes our nation technically perfect.
Finally, I conclude Digital payment secure enough for the Indian economy.
(23)
Rahul Singh said:
9 years ago
Yes, of course, it's A good step towards corruption. But as we all know it's not easy for our country to go cashless right now because of less literacy in India. To improve this step we need to first educate people about the digital money transaction. Also, we need a forward step in education field of view. Smart classes should be in every school from starting of school so that future is completely digital. Only govt can't do this we need to help them.
It's a nice step and should execute as soon as our people become literate.
It's a nice step and should execute as soon as our people become literate.
(26)
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