Are digital payments secure enough for the Indian economy to go cashless?
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2111 comments Page 140 of 212.
Vikas Meena said:
9 years ago
For the Indian economy to go cashless the digital payment should be secure enough but when we talk about technology we are far behind. We cannot be part of cashless economy until the literacy is 100% and more than 60% of people in India belong to village and don't even have any idea about what technology change are there going every day. So to be completely cashless we have to promote technology as well as education.
(2)
Vishal Chauhan said:
7 years ago
In India, people are not so aware of Digital payments. But nowadays digitalisation is growing slowly and people are going cashless. It requires more cybersecurity. Before digitalisation, the security problem was by thieves but now it's by the hackers. According to me, OTPs and PINs provide a great security but it isn't completely secured. But I think India should keep more cybersecurity officers to improve security.
(11)
Anurag kushwaha said:
8 years ago
My opinion is that making digitalization is quite good because in this corruption can be reduced to some amount. But as we are very well aware of cyber crimes happening nowadays so it is quite dangerous also to digitalize payments in this type of conditions.
Now, should take steps to reduce cyber crimes then implementation of digital payment would be good and useful for rich peoples as well as middle-class peoples.
Now, should take steps to reduce cyber crimes then implementation of digital payment would be good and useful for rich peoples as well as middle-class peoples.
(10)
Prerna said:
8 years ago
It's good to hear many of you really have spark about our country's economy system I also have my views that technology never fails we people fail to regulate it every good thing takes time as I believe it's really gently a step forwarded to bring stable n secure economy system of India n yes it may bring lots of difficulties while regulating in starting. Digital payment secure enough when we make aware as possible.
(10)
Shaira shekh said:
8 years ago
As per my opinion, digitalization in India is very important as it will reduce the risk of robbery, corruption and fake currency. As a result, it will improve our economy.
But the drawback is its unawareness among people. Most of the people in rural areas don't know about digital payment due to illiteracy.
So, it is necessary to increase the literacy rate first and spread awareness about the cashless transaction.
But the drawback is its unawareness among people. Most of the people in rural areas don't know about digital payment due to illiteracy.
So, it is necessary to increase the literacy rate first and spread awareness about the cashless transaction.
(19)
Ankit said:
8 years ago
Digital payments is well secure enough than paper currency because it is fast as well as paperless so no need to save paper money just open one application choose mobile number, bank account or what the information need for that and enter the amount and send to the another person in that one confirmation code is given by the application called it OTP i.e. one time password enter for confirmation so it is very easy.
(1)
Nitin said:
8 years ago
Hi Friends,
In my point of view, the digital payment in an India. So digital payment was start first in Europe. Now it start in India which one is the Great system for country economic growth. But recently government get tex in transaction but which is also necessary for country but Accordingly, they should be given convenience as in Europe people. And remove tex for who is financial weak and student.
Thank you.
In my point of view, the digital payment in an India. So digital payment was start first in Europe. Now it start in India which one is the Great system for country economic growth. But recently government get tex in transaction but which is also necessary for country but Accordingly, they should be given convenience as in Europe people. And remove tex for who is financial weak and student.
Thank you.
(2)
Sajal Kumar said:
8 years ago
People here have pondered much on economy and illiteracy and have linked many other aspects to it.
But what if We develop an option where people are not forced to pay digitally but are attracted toward it like, for example exempting digital payments of few taxes. Providing incentives to people who go towards it.
And simultaneously work toward making the digital platform a safe place for such economic operations.
But what if We develop an option where people are not forced to pay digitally but are attracted toward it like, for example exempting digital payments of few taxes. Providing incentives to people who go towards it.
And simultaneously work toward making the digital platform a safe place for such economic operations.
(6)
Riya gupta said:
8 years ago
Hello,
Yes, according to me, digital payments are secure enough because as we all know our country India is a developing country, so now a days most of the people are aware about the technologies and our government works on cashless scheme in very efficient manner thus security risks are avoided and normal people are capable to do their payments caseless.
So, cashless scheme is very efficient for Indian economy.
Yes, according to me, digital payments are secure enough because as we all know our country India is a developing country, so now a days most of the people are aware about the technologies and our government works on cashless scheme in very efficient manner thus security risks are avoided and normal people are capable to do their payments caseless.
So, cashless scheme is very efficient for Indian economy.
(6)
Parul said:
7 years ago
Only payments made through a recoganized platform can be termed as secure but the risk of theft or any other cyber crime still remains in the mind of a customer. Cashless economy is only possible if all the people belonging to the rural society are able to use it, the amount of illiteracy and poverty in India makes me think if every single individual in our country will ever be able to do cashless payments or not.
(7)
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