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

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2111 comments Page 127 of 212.

Avichal said:   8 years ago
My name Avichal,

If talking about the digital payment then it's a good concept for India go toward the digital India.

I have been using this digital payment since 2 years. There is many advantages of online payment time required for payment it less also we will not have go to the bank and make a transaction and stop the growth of the black money. We directly prevent the corruption and also we have a smartphone then we easily make digital payment.

Thank you.
(2)

Keer said:   8 years ago
In my opinion, digital payments are not secure enough for the Indian economy to go cashless as govt need to make more awareness among people to know a lot regarding the cashless payments. Govt should first educate people to for using cashless means of transactions, there is need to make digital payment more affordable, safer and accessible for society from every class. Only after this digital payment will be secure enough for the Indian economy to go cashless.
(5)

Rutuja Sonawane said:   3 years ago
Yes, I agree that digital payments made our life easier, but only if we are digitally literate. We can see, that India's digital literacy rate is around 40%. What about the remaining 60% population? In my opinion, before adopting the cashless economy, we should focus more on the digital literacy rate of India.

A cashless economy will be only beneficial if the maximum population will be aware of the safety norms and can guard themselves against online frauds.
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Kunal s said:   8 years ago
I don't think so that digital payments are secure enough to go fully cashless. It is good for small transaction but for large amount of transaction it's not secure enough to go cashless. As day to day we all are getting news of money is getting stolen by some hacker. Also the people in rural areas are so illtrate that the not even know how to manage your bank account or how to withdrawal money. It'll take time to aware the people about going cashless in India.
(9)

Karthika said:   8 years ago
Hi friends,

Digital payments are boon to the society. It will make transactions easy a wipeout bribery, black money, money laundering from our country. Also, it is not time-consuming. It will also reduce manpower too. But it will be more effective if an awareness program had been conducted on cashless banking since there are people who do not know how to use mobile phones and ATMs. So a campaign should be conducted to make the people aware of this technique.
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Manish Sehgal said:   8 years ago
In my opinion, India as an emerging economy surely needs digital payments to go cashless. For this, the government has taken many initiatives to make Indian economy go cashless. Surely, it will take time for the people to change their mode of the transaction to cashless. As the government is well aware of the fact of its security and is taking concerned effort to make Indian economy go cashless. A cashless economy is beneficial to both country and individual.
(7)

MS.Feroz said:   8 years ago
Hello friends:.

By my view, Digital payment or cashless payment is accepted. Somebody says is not easy for village people whose not educated, then how the are buy an online product for multi websites, simply the online shopping reach most of the areas in India, according to this when we implement the DP to them, they will easy adopted with in some days. They will easily to learn the procedure. But the main draw back is our network speed and security system.
(5)

Balaram Mandal said:   9 years ago
In my point of view, After longtime our Government took good Secession for recovery black money and recover corruption. Digital Payment System is the best way of making our country Digital INDIA. And it is also possible to overcome the corruption. Trough Digital payment system tracking the transaction between sender to receiver. The biggest think is, no other person (terrorist or other country people) can't make fake note and not sending to our country also.
(22)

Parthic said:   9 years ago
Hello friends.

In my opinion, yea, E-transactions are secure enough to go India cashless.

We can Uproot corruption as every coin is deposited in bank.

We can increase our revenue.

The only problem is India is developing country but still if we provide awareness for rural people or else for every area there are banks provided if they interact and explain about the need of the E-transactions, they will definitely show interest and encourage it.

Thank you.
(4)

Aparna said:   9 years ago
Making India to go cashless through Digital payment will not only help India to develop but also it ll make a bench mark in the history. Digital payments are very easy to use and its secure because we will be do everything through One-time password so one cannot misuse our account. Some might feel that Making payments digitally might be difficult, but to make payments more user-friendly banking sector is giving us easy options for promoting digital payments.
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