Are digital payments secure enough for the Indian economy to go cashless?
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2111 comments Page 109 of 212.
Hari said:
8 years ago
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.
Neetesh said:
9 years ago
In my point of view, the cashless economy is good for any country. But in India, there are many problems like 70 percent people live in a rural area there is not internet facility most people have not having a smart phone. They are illiterate. and they purchase things less 50rupess. So this is difficult for small business man and they are not aware of cashless economy. So if government Want to increase cashless economy so first, they will have to improve these things like education, internet etc in the rural area.
(8)
Sunil said:
9 years ago
Hello everyone.
In my point of view, it is a great step by modiji to make Indian economy go cashless. Talking about security, now a days we heard more about robbery than.
Cyber security breaches. So I think it is secure enough to go cashless and a beneficial step for us as we don't need to carry cash everywhere, we can pay through any upi app. But this implementation is not up to the mark. PM modi started a campaign, everybody should teach 125 people about cashless transactions. Then we can see a developed India.
In my point of view, it is a great step by modiji to make Indian economy go cashless. Talking about security, now a days we heard more about robbery than.
Cyber security breaches. So I think it is secure enough to go cashless and a beneficial step for us as we don't need to carry cash everywhere, we can pay through any upi app. But this implementation is not up to the mark. PM modi started a campaign, everybody should teach 125 people about cashless transactions. Then we can see a developed India.
(13)
Pankaj Kumar said:
8 years ago
Yes, I support you all guys.
In my opinion digital payment is so easy, simple and secured method of payment.
1. It consume less time.
2. It is too effective.
3. It makes us tension free.
4. Lt also attract us to be a digital person.
For villages our current government organise classes to make understand digital paymentand also launched many simpler apps that can be used by anyone using simple keypad mobile.
Therefore I think that in coming days INDIA totally change to digital payment transaction.
Jai Hind.
In my opinion digital payment is so easy, simple and secured method of payment.
1. It consume less time.
2. It is too effective.
3. It makes us tension free.
4. Lt also attract us to be a digital person.
For villages our current government organise classes to make understand digital paymentand also launched many simpler apps that can be used by anyone using simple keypad mobile.
Therefore I think that in coming days INDIA totally change to digital payment transaction.
Jai Hind.
(31)
Deepak Dixit said:
9 years ago
Yes, I agree that digital transaction is much more secure than carrying cash in hand. It is safe while you are travelling from one place to another place because it is not easy to carry a large amount of money. In my point of view, each and everything should be online. But in case of India major problem is that 80% of the people do not know how to make digital transaction so what we can do we can give training to such people mostly in rural areas. Digital payment will reduce the corruption as well as black money.
(14)
Tinku paul said:
7 years ago
Yes, digital payment is good it can save time as well as don't need to carry Hard cash but it is not secure 100 percent because fraudster they are able to hack the account. According to me, RBI should introduce an advanced technology that fraudster they will not be able to access to the peoples account. Cyber crimes Dept should take strong action against the fraudster, they should be punished not only that they have to repay the money otherwise they will get life imprisonment. Peoples hard money should not waste.
(4)
Sara said:
7 years ago
I totlay favour the motion but I am more concerned about its safety.
At present scenario, not much theft is seen regarding online payment. It is going smooth. But privacy has always been a concern because nothing is 100% secure. With the AADHAR being mandatory in banks in our country, our privacy seems to be more vulnerable as AADHAR always remains in news for its privacy issues. Our government should take more responsible steps towards its security, then it would be worthy for the Indian economy to go cashless.
At present scenario, not much theft is seen regarding online payment. It is going smooth. But privacy has always been a concern because nothing is 100% secure. With the AADHAR being mandatory in banks in our country, our privacy seems to be more vulnerable as AADHAR always remains in news for its privacy issues. Our government should take more responsible steps towards its security, then it would be worthy for the Indian economy to go cashless.
P.MAHESH said:
8 years ago
Digital payments is one of the best way to reduce black money in economy. I don't think, it's require huge knowledge to do transactions. 70% people are using smart phones, it's saves time. In every issue their is some problems, technical problems are passing clouds like Wanna cry (ransomeware) , we need to think how to take precaution before of a victim withit and how to over come. And finally, Yes, I agree few people far away to technology, in that case 70% cashless will help to avoid this to tackle the problem.
(6)
Sasikumar said:
8 years ago
Hi in my point of view the cashless transactions are not suitable for India in this current situation, but that's a good action taken by our government, we all have the responsibility to implement this cashless way, but before that the education system must be standardized one in our country because till some uneducated peoples from rural areas doesn't know about how to use ATMs, so we must give the proper training for that.
So I conclude that the digital payments are very good one but that's not a correct time.
So I conclude that the digital payments are very good one but that's not a correct time.
(19)
Deepika said:
8 years ago
Hello Guys,
As per my opinion, India is a fast developing country and cashless economy is a must for India. It is very important to move with the time and adopt modern techniques otherwise other countries can leave India behind. As fas as the security is concerned, there is a continous improvisation in the security of digital payment and it is possible to rectify the security defaults from digitalization. So, I colclude that since it is possible to improve the digital system, cashless economy can be maintained.
As per my opinion, India is a fast developing country and cashless economy is a must for India. It is very important to move with the time and adopt modern techniques otherwise other countries can leave India behind. As fas as the security is concerned, there is a continous improvisation in the security of digital payment and it is possible to rectify the security defaults from digitalization. So, I colclude that since it is possible to improve the digital system, cashless economy can be maintained.
(22)
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