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

I think the step taken by the Indian government to go cashless is good. I also agree that there are certain issues with that as far as the security is concern and the unawareness towards the technology among the people specially from rular areas and the elder generation people to go cashless but it is not the big issue because the cash transactions or the usual transaction payments is not completely banned. So the people having choice to go both way either digital payments or cash payments or both so as a conclusion I agree with the point that it is a good step and digital payments are secure enough for the Indian economy to go cashless if the government ensure about the system's security from the hackers.

Yes, absolutely. Digital payment makes country cashless it is beneficial for the Indian economy. It prevents corruption in the economy which is a threat for the development of our economy. Everyone has a mobile phone. It will be useful for digital payments.

Being an Indian we obviously consider that the security that we have is enough for Cyber attack, but on the other hand we must consider the type of viruses like ransomware which has destroyed the security fence of powerful nations such as the USA, can easily harm our security in digital payment.

Hello Everyone,

I think for making India digital, Indian economy must go cashless. Due to digital payment, we also avoid corruption. But the two problems regarding digital payments that in the rural area of India people don't know about digital payment, so we have to create awareness by providing practical training to rural areas. Another one is we have to also care about the cyber attack. So, to make India smart Indian should go cashless.

Hello guys, in my opinion, digital payment is a big step of our government to achieve two in an arrow first education, second economy there is 74.06 literacy in India and rest people are not able with this type of digitalisation if they start doing digital payment there will be a big change in our education system people will be aware with this and our literacy rate will go above and above economy.

In my opinion, our economy will grow too much because the corruption in India will decrease too much due to digital payment people can't give and take bribe in this way our India will grow too early and too much our India will come under corruption free nation.

In this way, our govt will achieve two goals in one arrow.

Hi, friends according to my opinion digital payments are secure only then when we totally aware of it. We can not do any transaction cashless unless we do not know how to use it. So, first of all, we should learn the basic process and also teach everyone about digital payments. In early days we would face suffering because of less awareness but with the time it will be a daily shopping routine.

For the secure digital transaction, we should follow some way like.

1) Get a debit or credit card from the bank and learn their instruction how to use.
2) Don't share any information according to your card.
3) Check your bank balance after the transaction.

Thus, I can say that digital transactions are safe only when we know how to use it otherwise, It will be a wild goose chase.

Thank you.

Yes, I think its good but to attach Unicode like Adhar no. It's not perfect because in the world there is a lot of hackers if any other hand drop Adhar no. Then they will access our data.

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.

I respect the views of all members and I want to add some points in this discussion.

According to me, the digital payments are not secured enough because when it came to online payments then there is a huge danger of HACKING, you can see the latest example of Ransomware attack in INDIA. So if we make our all payments online today then we will be dependent on it and unfortunately, if the online system would be hacked some day then INDIA could face a huge problem as all the data related to the bank accounts of every Indian would be handover to the hackers.

So it could be a problem and if our country is able to make such system that can't be hacked then it would be a drastic change in the Indian economy and the illiteracy of people also would be a small problem.

Hi, friends.

As we all know that we are living in 21st century. And India is a developing country. And this century and further will depend on technology. So now our pm wanted to go digitalized our country like the western.

No doubt this is a very good and initiative step.

So for improving this step, our government should start this in urban and villages area's schools and colleges as an alternative subject.

Because more than 70% people in our country is depending over farming. So along with the cities, we should aware the people with this. That after be digitalized we can do our work very easily and without more hard work. In very less time.

And we should tell those who don't know about this.

And our govt should provide the smart phone in very fewer prices so that everyone should know about it.

I hope in the coming 2-3 years our country will be a digitalized country.

Thank you.