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

Yes! I do totally agree digital payments are secure enough 4our economy as well as for the development of our nation and pals living in it, there is no doubt that it's 100%secure if the user is aware enough to use the electronic payment system, it saves our TIME & ENERGy at the same time, And most importantly it's a step ahead for OUR DIGITAL India, campaign by MR.MODI!

According to my point of view, digital payment is not enough secure for Indian economy because it has many reasons if talked about our country the people are so educated and there is much diversity in education but in other countries like the USA the education standard is mostly equal and other many reasons are that peoples of India is not able to digital payments because of electricity and because of the speed of net. Sometimes it happens that our transaction ate failed for many reasons. Thank you.

Yes, digital payment is secured. It's a safe and smart way for the transaction of money.

But for rural people it is little bit difficult but if they aware about this. Then they found it easy n secure.

Teachers should taught about the digital payment during the computer lecture so that children be aware.

About it. If they aware about it then parents can easly learn from their children "how to use".

Beside this, government should take care of network because transaction is failed due to network problem.

Hello everyone.

According to me, digital payment is 100% secure if user is aware of how to use the electronic payments system for example if they are aware that user ID and password should not be share OTP should not be share.

And if we Indian who are best in IT cannot provide security then nobody can do it.

Moreover it is more safe then to carry cash.

According to me, PM Modi's dream "Digital India" will become true by this digital payment. It is is a big headache for every person to carry lots of cash with them. It is difficult to carry because of robbed or stolen chances. It is good to make payments using cards in urban areas rather to carry cash. But it is not possible for illiterate peoples, as they are not aware of mobile phones, internet services, banking facilities etc. At last, I just want to say that this is good for everyone to make payment using digitalization.

Hello friends,

In my opinion, digital payments is a very good start for the Indian economy to go cashless as we can monitor each transaction so illegal transactions can be easily kept, but most of the ATMs in our country still runs on windows XP OS which is outdated many years ago, so it can be easily hacked by the hackers. Thus, we have to update our security systems for enough security.

Hello, everyone.

My name is Varsha Maheshwari. In my perspective, yes digital payments are secure for the Indian economy rather than to pay cash. By digital payment, corruption may decrease and the government gets money as a tax so that we can make your India better.

Digital payment is useful but it all depends on your internet speed. INDIA came 89th in internet speed provider (i.e 6.5 MBps average internet speed) and 2nd thing in villages people have there account in standardizes banks, local banks not in the nationalized bank (BOB, TOM etc. ) due to which digital payment my or may not be accepted in these banks. 3rd thing if we are doing digital payment but if the bank's internal server is updating then? we can't get our money back or our transaction also not be in other's bank account.

Digital payment is secure enough for the Indian economy to go cashless if we go cashless more transaction will take place digitally that helps the government to stop corruption & government will have all transactions records so that no one will able to take advantage of taking extra money. But in country like India it's difficult to go cashless because the literacy rate is not that much not all are educated so they will not able to do payment digitally. So that's the drawback of this.

YES, In my point of view, the digital payments are absolutely good. Because now at present in India there a scarcity of change. So we can't make 100%india as a digital payment, but up to some extent. Those who are able to use they can use digital payment and those who are uneducated they can go by cash. So, both can survive. Later on, the uneducated people also learn slowly but it would take time and to understand the process. It is our duty to educate the people and beware of hackers. Because technology is increasing day by day. And our India will be developed country only when changes occur until that it would we developing the country.

More over crimes also increasing and we have to be careful for this problem. Still, we can go head because for every problem there would be a solution. As India overcome may problems till know.

Hope for good.