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

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2111 comments Page 153 of 212.

Piyush said:   8 years ago
Yes digital payments is more secure than going with the cash. There are many digital payment mode like Paytm ,Payapp, phone pe and Google also launching and new pay app.
Digital payment can solve the problem of change. Today people are more familiar with this digital payment mode. As compared to October 2016 cashless payment mode increased by 22% , when compared to the October 2015.
(10)

Apoorva said:   8 years ago
I think digital payments are one of the good and fastest methods. It not only saves time but it will also help to make our country corruption free.

But on the other side if we talk about rural areas they don't have facilities and knowledge. I would like to conclude that government should provide proper facilities and knowledge in rural areas in order to make our country go cashless.
(21)

Joshi thakur said:   8 years ago
Yes, digital paymets are as secure as any other payment method. Digitisation of payments provide the accurate account of flow of money. Their is less chances of corruption and encouring people to use digital methods will boost economy to go cashless as their will be less hard money. These method of payments are very easy to understand ever less educated people can exercise it easily.
(2)

Mohd danish said:   8 years ago
According to my point of view, it is somewhat difficult to go cashless by just doing digital payment because a large no of people are not much aware of Internet and the people are not operating smartphones. More than 55 percent of Indian population are living in rural areas. They people can't do online transaction even some people do not have a proper bank account so it is difficult.
(15)

Surya said:   8 years ago
Hello everyone. In My point of view,

Cashless payment system was only important things of fewer corruptions, avoid black money and economic development.

But the people get more problems on the digital payment, they didn't know how to use the process of digital systems. Suddenly changes are not accepted by everyone. They want time to learning. And the task will be gonna next level.
(9)

Gaurav said:   8 years ago
As India has more young population than any other country in the world it should be easy for atleast the urban population to make digital payments and take an intiative towards cashles transactions. As digital transactions have a lot of advantages like, saving paper, reduction in cost of printing currency, it keeps the transaction details properly, it will save time of the consumer.
(28)

Venkat J said:   8 years ago
Yes, I think so. Why because with the help of digital transactions, money rotation is less and the amount of black money generation is reduced. So that any transaction must be having a proper tax and then economy of the country is improved. As, if you observed the developed countries, the same system will be employed. So to grow as like a developed countries digital payments needed.
(11)

Atul Kumar said:   9 years ago
Hello, everyone.

I agree to it because our PM dream is digital India and it is possible when everyone uses and joins the modern technology if all the Indians are cooperative through it the dream of digital India will be the success.

But it not secure so everyone not trusts in it and thinks it is not good but when it go in a secure way that time our country economy go to cashless.
(7)

R DINESH ARAVINDHAN said:   9 years ago
In my point of view, yeah it's secure enough for the Indian economy but in India around 50% of the people were educated and the rest are uneducated as the people in rural areas. They don't know about the digital system like online transactions and aren't able to find how to use ATM CARD, NET BANKINGS. We should make it possible if we enlarging the banking system in the rural areas.
(8)

Abhijit said:   9 years ago
It is good start towards modernization. It will be helpfull to reduce corruption in country. In India, max. Population is belongs to ruler area, they are unable to afford smart phone, this will be inconvenience for illiterate people. To overcome on Such situation Government should take strong steps like complain about digital payment and to make people confident about its security.
(7)


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