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

In my opinion, Indian economy to go cashless.

When digital payment campaign start people's.

Self-awareness from how to secure atm and password. I know most of the people don't know about the use of atm machine but when.

Cashless campaign will start people's will compelled to use of cashless.

Well, In my point of view, in was a greatest decision by the government by this idea we can improve our country economically all the peoples of the country will pay the tax correctly without fail and cheating our government but this method the middle-class and the lower middle-class people will develop, by starting period of this method is some what seems to be tough but later but continuing this process it result well be well for example Sweden, Denmark, UK n more countries following this method.

Then all this safety is the main advantage of this Method according to the servant of 2016 40% of crime is because of case transfer so by this the crime rate can be minimized.

Hello everyone,

This step which was taken by our ruling government is awesome but one major problem is, in India most of the people don't have smartphone as well as knowledge about the how to use Internet, so according to my point of few as soon as possible we helps those people who don't know how to access the internet.

I don't think this is a good step if you consider whole country. If we consider only a state like Delhi where around 25-30% of population don't even have permanent residence proof (living in unauthorized colonies) so most of people don't have bank accounts. And people are not properly educated to handle online transaction. Consider if you want to pay online through credit/debit card you have to pay tax. In order to save tax, you use vendor like Paytm, meaning people will rely more on these sites which may not be the safest mode.

Digital payment is secure because this system is personal banking and don't take much time to do the transactions and need not take money in hand.

Hi, friends.

Digital payment means all our money in the banks accounts not in our home so we can think our economy status. Whenever we face any financial problem before us so we knock some banks and bank helps us so if we give our all cash to banks so we think that our condition can be much better. We all know that each coin has 2 faces good and bad but in this time if we keep our major focus on good points in place of bad points so we can make our country developed. There is no poverty in our country only there is a need to better think for each situation so that we can gain even from the bad condition.

According to my opinion, Digital payments are secure but we need to more conscious on making payments when demonetisation announced there is a high flow of people to the bank to deposit their old money, and the hackers are silent killers be aware of them.

Necessary steps against the hacking websites and by creating the awareness campaigns and promoting the user-friendly apps among the illiterates.

Even now also rural area no ATM centres working properly.

So take initiative in be India one.

This will helps to reduce the corruption.

-reduce balance giving problem in a retail market.

-India's GDP makes a change in this situation.

Digital payment can't be successful in India. If they put a service charge on transaction money. To make it successful in India, all transaction should be charge free. Everywhere should be wireless network so a person can pay through his/her wallet. If transaction fails money return to the bank immediately not take time more than a hour.

In my opinion, the digital transaction is very useful for us and our society, because due to it we have to reduce many of the problem in the country.

The transportation of cash is so difficult to one place to another.

Hello friends.

Yes, according to me, digital payments are secure enough to go cashless because if everyone becomes cashless then there is no need to carry cash and everything is in your pocket.

And second thing if everyone become cashless then no one can evade tax.

And we can make payment anywhere anytime.