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

Yes, I think digital payment be secure enough for the Indian economy to go cashless as we know that many of us use Paytm as a payment option that's mean we trust on them trust on digital payment and lots of discount by payment by digitally.

But in rural areas, many of people don't have an account for digital payments then the government takes some action against them and secure the digital payment by the cyber crimes.

Yes, the central government takes steps to make digital India process. Digital payment is one of the steps to make digitized. One of the major advantage of digital payment to reduce block money from owners. The private organization appreciate contributing digital payment to give Cashback offer and etc. So digital payment is an advantage for us.

Yes, digital payements is better usefull for indians.

We can go anywhere without cash with of digital paymemts, if we go with money we should be in full of fear and stess because of having money.

In today's modern world, carrying cash for every single thing becomes tedious, using digital money makes the work easier and faster.

According to me, at this stage, I don't think that Indian economy should go cashless because it has many flaws like less secure, failure of the transaction and to get the money back we have to follow a certain procedure and wait for few days. UPI is going to be the revolution no doubt but it will take some time.

Yes, I completely agree with Digital payment is secure as it connects with the Adhaar card which is most secure. As it has the details of our fingerprint which decreases the chance of hacking. As well as it has many more security operations like OTP, registration only with the registration no. This thing affects the alarming increment of corruption as govt has all the details of the person's account.

But like every coin has two faces one darker one bright this procedure has darker side also like the agged, as well as rural public, is not so much engaged frek so this has the least impact on them but this thing is curable by making more people educated. And that too with hackers also we can only make our system more and more secure because nothing is perfect. Someone always gets the way to make find the loophole.

Hello friends,

Digital payment is one of the method where we can easily do the payments through internet using mobile.

Nowadays everybody is using mobile for the payments like we use Tez, phonepe, paytm. We can easily do the payments without standing in line in the bank. But is this secure? We can easily do the payments without standing in line in the bank.

But we know there are so many hackers around us anytime they can hack our account. Within a second whatever we worked hardly and earned money can go.

Hello everyone.

I would like to support the statement that digital payments secure enough not only for the Indian economy but also the individuals health also.

The idea of digital payments was introduced in India by the government in past, but now a day's we are able to realize the importance of the same. Now people are thinking a lot while recieving mony by hand jut because this COVID19 problem. So while doing the online transaction we can stop the spending of disease.

First of all, India does not have internet connectivity or the right speed of the internet which drives the digital payment gateway. So, in India, digital payment gateway uses only urban area which is very limited. Then, if someones have a smartphone but he did not know that how to digital payment or something use it. In India, approx 60% of people did not know that atm pin is not shareable things so bank fraud via the internet happens. To secure digital payment and to enlarge its range at first need to learn how to use it. In my opinion, even now digital payment is not secure enough for the Indian economy to go cashless.

1. Digital payments made easy our life to go without cashless. Imagine, you went to a holiday trip with your friends and all the spending is made by you without knowingly and suddenly all of a sudden the money you have bought for the trip is over and you did not carry your debit/credit card or you have forgotten you pin number. Then in that situation it feels very difficult to anyone to ask money from others but we also have an alternate option that is digital transfer, nowadays digital transfer made easy even with our finger lock so we don't need to remember the pin. And it even more helpful for senior citizens because they might forgot their pin at any time but once if the finger lock gets opened then they can happily enjoy their trip easily. So, in my point of view, digital transfer is easy and trustworthy based upon the choice we choose.