Are digital payments secure enough for the Indian economy to go cashless?
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2111 comments Page 112 of 212.
Braj Gupta said:
7 years ago
First of all, I would like to thank all the member who participated here and have a healthy discussion.
As far as I concerned about digital payment, it is one for the bold initiation of the current government. It's a new beginning I would say, however still we have lots of challenges of illiteracy and awareness among the people about the use of safely digital payment to avoid cybercrime. However, beginning has started somewhere and I believe we will give the full digitalized system to our next generation.
As far as I concerned about digital payment, it is one for the bold initiation of the current government. It's a new beginning I would say, however still we have lots of challenges of illiteracy and awareness among the people about the use of safely digital payment to avoid cybercrime. However, beginning has started somewhere and I believe we will give the full digitalized system to our next generation.
(17)
Nayan b Mane said:
7 years ago
Digital payments secure but if and only if when there will be a software good enough for the hackers who don't able to hack inside the security of banks and other things like because whenever you put all the character in a digital format then if someone hacked then it becomes totally 00 and you will have nothing in your hand and the opposite side digital payments are good because you don't have to carry so much money with us and not worry about that it is going to be lost and having some trouble like this.
(1)
Abhishek said:
8 years ago
Yes, Digital payments are secured enough for the Indian economy to go cashless but this payment system is not used by the peoples who are not educated. For this, we have to spread the digital payments to the people who are not using this and this can be done by government on a large scale. If only we will promote the apps but not the process of using it then it will be of less use. For using the Digital payments there should be a bank account of everyone so this should be the foremost thing to be get done.
(9)
GITESH said:
9 years ago
Yes, the digital payment must be encouraged.
As we know that almost 60 million consumers in this country that are underbanked. They wait in lines to cash checks and to pay bills, it's highly inconvenient. A product like prepaid cards saves them a lot of time and inconvenience.
In this digital age we have an opportunity to transform lives of people in the ways that was hard to imagine a couple of decades ago.
The status now is not whether you are awake or asleep, it is whether you are online or offline.
As we know that almost 60 million consumers in this country that are underbanked. They wait in lines to cash checks and to pay bills, it's highly inconvenient. A product like prepaid cards saves them a lot of time and inconvenience.
In this digital age we have an opportunity to transform lives of people in the ways that was hard to imagine a couple of decades ago.
The status now is not whether you are awake or asleep, it is whether you are online or offline.
(3)
Syed said:
9 years ago
Well, As far as I am concerned that digital payment, is good step which is taken by government of India, It is time saving & also secure to all the matters. There is no tension of losing money in traveling and another point of view. The government should conduct awareness programme regarding digital payment, There are many types of person living in India they are not educated to understand. Govt. School & college is the good platform to conduct awareness program class without spending extra money.
(14)
Deep shah said:
8 years ago
Hi, one and all I Am Deep Shah,
I feel digital payments in India is not yet secures as big chunk of our population does not feel safe to go digital and many of them don't know how to operate new gadget as well as new technology. The also don't know how to pay digitally. So our government should start campaigns for awareness of digital payment and should inform them how safe it is. As of now lots of peoples are moving towards digital payment. The use of Digital payment was very high during Demonetization.
I feel digital payments in India is not yet secures as big chunk of our population does not feel safe to go digital and many of them don't know how to operate new gadget as well as new technology. The also don't know how to pay digitally. So our government should start campaigns for awareness of digital payment and should inform them how safe it is. As of now lots of peoples are moving towards digital payment. The use of Digital payment was very high during Demonetization.
(9)
Mritunjay said:
8 years ago
In my point of view, digital payment not that much secure in India due to the poor infrastructure of going online. I also point out the scheme happened with the SBI customers, their debit card details has hacked. So if they are not saving form the hackers how we are? I also want to say that we are welcoming the steps occurring by the government for making India digital, this can not happen in one day probably we need good cybersecurity because only poor can understand the value of 1 rupee if he will lose.
(20)
Tanveer said:
8 years ago
As per my knowledge, India is a still developing country, in villages, people are very poor now and they even don't know how to use bank accounts. This is the main drawback for the Indian economy. Literacy has to be developed in our country. With out having proper knowledge we can't move with that. For that our govt has to take the action on developing literacy and next to move towards the digitalization, coming to my conclusion digital payments not yet secured we get proper knowledge about it. Thank you.
(34)
Pawan verma said:
8 years ago
Yes, digital payments are secure. It is only need to be used very carefully. In rural area of India or most of the people afraid to use such type of payment mode. So government Need to aware themselves to this digitalisation.
It is a human tendency that they only take the negative points regarding anything so the maximum no. Of successful transaction from digital payments should be shown to people because as per increase of positivity, security & reliability will increase the use of digital payments.
It is a human tendency that they only take the negative points regarding anything so the maximum no. Of successful transaction from digital payments should be shown to people because as per increase of positivity, security & reliability will increase the use of digital payments.
(5)
Alia said:
8 years ago
India is a fast growing economy. Digitalising the economy would be a very crucial step. But as per India's present scenario is concerned, digital payments are not secure enough. The softwares of a major section of our banking system have not been updated till now, which is quite important when security issues are concerned. It still works on the old Windows XP. Moreover, we have recently seen many incidents of data breaching. Hence, we need to strengthen our digital security systems before going cashless.
(12)
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