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

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2111 comments Page 150 of 212.

Avijeet said:   8 years ago
As everything has merits and demerits.

The merit of this is a convenience to the user, saves time but on other hands it is not secure as by only going cashless suddenly only make people worry it's a process which is not secure if precautions not taken because hackers can misuse our data and if anything happens govt is not going to take responsibility that's the demerit of this. Thank you.
(5)

Md zafar iqbal said:   8 years ago
Digital payment is good for a small transaction. For big transaction it is not comfatable. Online payment is always not success, some problem is create due to internet, virus, and problem in mobile, laptop and many reason. Sometime transaction failed from following reason. So I agree for digital payment for small transaction not fit for big transaction. From digital payment many advantage.
(6)

A.gopala krishna said:   8 years ago
Yes, according to me, digital payments plays a major role in nowadays. Even wmif we want want to buy any commodity we have to make digital payments. So, I feel that this is secured type of payment and if everyone follows this mode of payment our country will be first in the list of digital payments.

Even promoting digital payments through villages may secure Indian economy to go cashless.
(8)

Udita Bose said:   8 years ago
Hello Everyone!

Yeah. To some extend because nowadays it is booming as it keeps the accounts up to date. Nobody is going to worry about his/her money as all are in their account only. People just have to keep their cards or cell phones with them for payment. It saves time as they don't have to calculate money. Awareness must be spread through media, campaign for adopting digital payments.
(1)

PRATEEK GARG said:   8 years ago
No, Since there are many hackers now a days even big big American companies are also not secured. Secondly People of India are not very much aware of technology and It is very difficult to teach them cashless payment specially to the people who are above 50. At max you can make them mug the steps to pay online and In case of slightly modified dialogue box they will loose their confidence.
(5)

Naveen Kumar said:   8 years ago
Going cashless has many advantages like a decrease in corruption, saving time, increase in GDP etc, and also disadvantages like increasing cyber crimes, etc.

For example, what if the hacker has more knowledge than the one in the government security has?

Then all digital world goes "BOOM BOOM".

According to me, not complete digital but the use of money both cash and cashless steadily.
(45)

Subhodeep said:   8 years ago
In my point of view, digital payments are secured enough because it has 128 encryption key which makes it more secure and difficult for hackers to hack the password. But in India where the literacy rate is low as compared to literate people, it is not done by most of them, but on the other hand, literate people using this digital payment so it will give mixed results in India.

Thank you.
(5)

Saivivek said:   9 years ago
Hello Everyone,

As India is a developing country and our economy is growable day to day,

So as to implement digital payments we often equal to top economy countries.

And as point of me, in India there is urban and rural people. This digital payments held with high it technics. Rural people they don't know much about this technics as they are illiterates so this would be some difficult.
(9)

Prapulla G Raj said:   9 years ago
Hello Everyone,

As all of them are expressing their thoughts in educating the rural areas, We could take the initiative. As all of are educated and most of us have natives in rural areas we could educate the people in rural areas by taking the initiative instead of waiting for Modi Sir to schedule campaigns.

I would like to add this point with other points mentioned already.

Thank you.
(10)

Awdh said:   9 years ago
Yes, I agree that digital payment is safe enough to be used because the various rules set for various transactions, while using these all facilities one has to go as according to steps necessary.

Digital payment is great footstep towards end of corruption and also the GDP growth as for eg in us like country the use of e-commerce sites and in various transactions are being done digitally.
(3)


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