Are digital payments secure enough for the Indian economy to go cashless?
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2111 comments Page 118 of 212.
Abhishek Raghuvanshi said:
8 years ago
Digital payment is a good mode of payment and better to have a cashless economy. But friends before generalizing this digital mode of payment proper education at the rural sites are must, we have to make ensure that each one of us are able to use this mode for our basic transactions.
Now the next talk is about the security, is our cyber security system that much strong and capable at present to control all the cyber crimes that would be taking place after going cashless.
Thank you.
Now the next talk is about the security, is our cyber security system that much strong and capable at present to control all the cyber crimes that would be taking place after going cashless.
Thank you.
(6)
S.s. krishna said:
8 years ago
Yes, it is secure but some people don't have a particular knowledge about digital transactions govt should educate the people about digital transactions then all are use digital payment.
Why because so much cost to spend the government to shift the money from one bank to another bank or one atm to another atm like this so much cost spend govt will spend than digital transactions are necessary. All are using digital transactions than save so much money to the government &people.
Why because so much cost to spend the government to shift the money from one bank to another bank or one atm to another atm like this so much cost spend govt will spend than digital transactions are necessary. All are using digital transactions than save so much money to the government &people.
(6)
Suraj said:
7 years ago
In my point of view,
It requires skills and technology to access all the digital transaction. India has taken a great initiative to adopt digital transaction. For the people who are from a village background and illiterate, it is nearly impossible for them to trust these methods of the transaction as one required knowledge of basic technology. It also requires to upgrade their smartphones which can be costlier for many people. So now India is not ready now. But maybe in the future.
It requires skills and technology to access all the digital transaction. India has taken a great initiative to adopt digital transaction. For the people who are from a village background and illiterate, it is nearly impossible for them to trust these methods of the transaction as one required knowledge of basic technology. It also requires to upgrade their smartphones which can be costlier for many people. So now India is not ready now. But maybe in the future.
(12)
Arasy said:
9 years ago
I agree with my friend point,
Digital payment is not suitable for low-class people who does not have mobile phones, smart phones, etc.
In my point of view, it is very difficult to village people to adapt in cashless environment.
70% Of the people in India can manage.
But what about remaining 30%?
So if we do some change we consider the people all over the world.
In that point, it is not a right choice.
We have to improve a lot then we have to change into cashless environment.
Digital payment is not suitable for low-class people who does not have mobile phones, smart phones, etc.
In my point of view, it is very difficult to village people to adapt in cashless environment.
70% Of the people in India can manage.
But what about remaining 30%?
So if we do some change we consider the people all over the world.
In that point, it is not a right choice.
We have to improve a lot then we have to change into cashless environment.
(11)
Ninganagouda said:
9 years ago
Yes, I agree to the fact that, digital payment will reduce the correction and terrorism and also by this the incidents like pickpocketing, ATM robbery also can be considerably reduced. Moreover, the govt of India have taken a number of initiatives to promote digital payments like lottery prize for lucky online transaction and reduction of tax in online payments and much more. So being a citizen of India it is our duty to support digitisation and help the Indian economy to grow high.
(10)
Nikkila said:
7 years ago
Digital payments are easy for our economy due to the increased robbery all around the nation. A robust technology for digital payments should be designed and implemented. It is easy to go cashless than going through a tedious process of counting. Although sometimes we face difficulty where some of the shops fix a rule themselves that online payments are applicable for a purchase an above 100. The rules and regulations should be formulated and a safe technology should be implemented.
(12)
Mounika said:
7 years ago
Hello friends.
Happy to be a part of this discussion in my opinion, digital payments are secure but in India so many people are don't know about the online transaction some illiterate people they don't understand that but anyone can explain that they would come but nowadays all the payments are doing digitally there are secure enough but in India there is a lot of corruption it is not possible so it is good it does not consume more time that's it thanks for giving this opportunity.
Happy to be a part of this discussion in my opinion, digital payments are secure but in India so many people are don't know about the online transaction some illiterate people they don't understand that but anyone can explain that they would come but nowadays all the payments are doing digitally there are secure enough but in India there is a lot of corruption it is not possible so it is good it does not consume more time that's it thanks for giving this opportunity.
(12)
Diksha jain said:
6 years ago
I think just digital payment can't create a cashless India. Digital payment can only be applied when there is financial inclusion of whole country everything thing has its pros and cons but just because of its cons we can't deny the idea of digital India. Digital transaction save our money, time. Our government can show us the way through which we can solve the problems but initiative must be taken by us. We can see we have more advantages than disadvantage by cashless transaction.
(52)
Vikas mital said:
8 years ago
India is a developing country for making this developed country this is important to go for cashless transactions. But in India digital system is not much secure this time due to illiteracy in India. There is many cyber crime which takes place every day. People is not aware of use of user id, password, OTP. To make India digitalized and secure digital payment system govt requires overcoming the problem of illiteracy. This will be surely an important step for Indian economic growth.
(10)
DONA said:
9 years ago
According to my opinion, I don't think that digital payments are secure enough for the Indian economy to go cashless as 70% of India population are from rural area where internet facility is not upto the mark. Even 80% people are not aware of internet banking, they do not know how to use it. Before introducing digital payments government should take steps to provide education and free campaign to the people regarding digital payments so that they can make optimum utilization of it.
(17)
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