Are digital payments secure enough for the Indian economy to go cashless?
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2111 comments Page 137 of 212.
Shakti said:
8 years ago
Yes, digital payements are secure enough for India to go cashless but only valid for trusted authorities. As an Indian where most of the people are middle class, money matters a lot for them and if something wrong goes with there payment can affect them a lot thus in order to promote digital economy firstly government has to make sure that all there transactions are safe with this website or app and thus go for digitisation.
(4)
Adithya said:
7 years ago
According to my opinion, digitization to be made more secure for practical use of it right today there are only 56% of people who mostly using cashless transaction and should be increased for sure by making people aware of comforts and my programming securities should be laid to avoid technical errors anyway our country is new era I am expecting that after 5 years there will be 85% cashless others will be small transactions.
(2)
Rajeev said:
7 years ago
Yes, digital payments are more than sufficiently secure as per the standards of rules and regulation of government of India followed by payment gateway in India.
Once the printing note will be eliminated, all black marketing of note currency will be stop and depending totally on digital payments will surely Indian economy will far ahead.
Hence we can say digital payments are secure enough for Indian economy to go cashless.
Once the printing note will be eliminated, all black marketing of note currency will be stop and depending totally on digital payments will surely Indian economy will far ahead.
Hence we can say digital payments are secure enough for Indian economy to go cashless.
(8)
Sonia said:
7 years ago
Yes they are secure but on limited sites for example paytm, Payu money etc. Nowadays people can move carrying an ATM full of money from one place to another instead of carrying money full bag. Though digital payment helps a lot but on the otherhand people still suffers with fraud ue to limited knowledge. To make the economy cashless some secure and punishable steps should be taken against the frauders, for the better future.
(1)
Siribalaram said:
8 years ago
Digital payment is one of the best innovative idea by the Indian government. It helps a lot for the people to save time. And a limit is applicable for every method in digital payments. So people will use a limited money a day. This is beneficial to the middle-class families. It reduces the pickpocketing. If people in India are educated about digital payments. It is one of the successful methods. The only drawback is hacking.
(15)
Harman said:
8 years ago
In my point of view, digital payment is not secure until or unless everyone got to know about this thoroughly because there are many rural areas where people do not about smart phones, how to use them, what is digitization, how to make payment online and all. So until each and everyone is not aware of these things digital payments is not secure enough for the Indian economy to go cashless even though it has many advantages.
(1)
Ajay Rajpoot said:
8 years ago
Hello, Myself Ajay Rajpoot.
Yes, but not for every person in India. Almost 46 to 50% of Indian population living in rural area. At there is no proper facility are available. Electricity comes only 5 to 6 hours at day time. Then, how did the macro atm and other modes of the transaction can be used?
Also, the people are not educated. It is also very risky like account, atm are hacked nd mobiles phones are stolen. Thank you.
Yes, but not for every person in India. Almost 46 to 50% of Indian population living in rural area. At there is no proper facility are available. Electricity comes only 5 to 6 hours at day time. Then, how did the macro atm and other modes of the transaction can be used?
Also, the people are not educated. It is also very risky like account, atm are hacked nd mobiles phones are stolen. Thank you.
(9)
Krishna said:
8 years ago
Of course, there have been some rapid changes in terms of the digital transaction after the demonetization. The govt has been only focusing on implementation but the after effects of the transaction can be crucial. First, there is string need to creat the software that is safe for people who are providing their people information. And realising the fact that half of the Indians are not at all friendly with this transaction.
(2)
Manita said:
8 years ago
Yes, digital payment is much enough secure for the Indian economy to go cashless but not 100% secure. Though we have crime expert, it is not totally secure. The advantage of making digital payment is to reduce corruption and save time also. From now, the government can know about every transaction which alerts the corrupted people. If corruption is reduced then Indian economy will increase and poor people also get benefits.
(4)
Manisha said:
8 years ago
In my opinion, It is not right time for the Indian economy to go cashless because for illiterate people it is difficult to make digital payments. Firstly, Government should take initiatives with literate people to aware illiterate people so that they should get to know about digital payments.
For security concern, apps use for digital payments should use Biometric Fingerprint scan to make transactions online like BHEM app.
For security concern, apps use for digital payments should use Biometric Fingerprint scan to make transactions online like BHEM app.
(12)
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