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

Yeah, of course, digital payments system reduce our stress, by this scheme our transactions will become easier, within sec we do all the things, reduce time, fairness etc but at the same time debate will also going on another side about this. In cash payment we feared, cash to be secured and complete the process without any sufferings it's our responsibility to secure our cash. Many of us think it's better to use digital payments for these reasons but the real problem occurs in digital payment because nowadays people hack the details of the famous, well-known companies easily, so it's not a big deal to hack individual details our personal important id's such as Aadar etc That will affect us really bad, so we do only one thing i.e. we have to be aware and keep safe of our details.

I agree with you guys that digital transaction is secure and fast, ok that's good but in opinion, banks are becoming faster because if we cancel any transaction but it takes time to come back to a bank account. An example if we ordered anything online and if you cancel it and it takes too much time to refund.

I think its a big problem.

Hello, I think going cashless is better option. But at same time common people must have awareness and knowledge about same through media. It will definitely increase our standard.

Furthermore it is more secure than paper money.

Hi! everyone.

Let me share my opinion. With digital payment, time will save. But as there is a risk of a hacker, here we can overcome that problem if we use the application which is provided by corresponding account holder bank and also approved by RBI and RBI must take the responsibilities of the transaction. And if there is an accident (hacking), RBI should investigate and should refund that money to that account. I think with this approach everyone will use digital payment fearlessly.

Yes, it is secure nor unsecure because if people have knowledge about the digital payment they how to payment by app online transaction so they can securly pa the money to any one. If any people that hi don't know about the digital payment for those people this is not secure. And my opinion this going good this enough for the Indian economy to cashless because mostly people know about the digitle payment and they use the digital payment.

Hello, everyone.

I think that the decision of our government is 100%right. We should support it. The cashless transaction is a good plan about to save our environment and trees. What you know every year how many trees are cut for paper. So, I think this healthy for everyone who is living on the earth.

Nowadays people are going for cashless payments like paytm, Actually, this is a good system and it saves the time too, every time we cannot carry cash but in many places, people doest not know how to go cashless, especially in villages. They to be proper education regarding this cashless payments.

Just a few months back incident, wannacry ransomeware attack, the overall world were affected by the cyber attack, but astonishingly our Indian atms were almost unaffected, it seems to be our cyber security is too much tight but it is not so, contrary, the fact is a big no, operating systems of our atms are so backdated that hackers also didn't know how to hack those, it sounds good, but in a deep thinking, it is not so good. Our Indian cyber systems still require a upgradation in a bulk, so I think it is not the exact right time to implement digital payment system.

Yes, digital payment make an Indian economy to go cashless.

I accept all your opinions but I want add my opinion that cashless payment makes the Indian economy.

Transparent and can reduce the glow of black money in the country.