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

Hello everyone, It's a good step towards the smart system. But we shall not forget about the cyber attacks. There must be upgraded cyber security system and must be kept upgrading periodically special keeping in mind about recent cyber attacks like ransomware and now latest golden eye. Also, people of small villages must be trained by campaigning in villages by govt.

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.

Yeah, it's Very good for Indian people because in India education system was too bad nowadays its okay but who all are not educated they will get suffer then they will try to learn the digital payments, as well as they, are using smart phones also. Then our Indian technology is good but from our cyber security should precaution of virus attacks like recently happened ransom ware attack. Even for cash bill and all paper consume will get to reduce.

I think that Digitalisation of payments is a major step in the forward direction for development. But every decision has its pros and cons. Here this decision may help the people living in the cities, but at same time it is not helpful for the people living in small towns and villages because they don't have the privilege to know how these things work. Government should also take some measures to educate people alongside.

Yes, it is secured. India has now become computer savvy where all generations are equally interested in working on computers. Even banks are now introducing most of the services online. This can only be possible when our country has sufficient know how's to tackle cyber threat. In a recent case of the ransomware attack in India, the country was least affected. Introducing digital payments will not only be beneficial for humans as it will reduce the hassle paperwork in banks but will also help the people to grow technically.

Nowadays, instead of carrying cash most people prefer to carry credit or debit cards and the latest addition to it is the Paytm. Even a tea vendor has a Paytm account and promotes the cashless economy. If there was a serious threat in working online then every day there would be some news about phishing. The KYC norms, OTP on registered mobile number are all evidence that government along with the banks is trying in a best way to keep the digital transactions secure.

In my opinion, digital payment is a very good initiative for the Indian economy to go cashless. But there will be many obstacles in this process as many people are not aware of the digital payment especially the rural people. It is necessary to create awareness among people about digital payment and transaction so that they can involve in digital payments. A dream to make India a digital India is very important so that Indian economy can go cashless.

Hello mates,

Going cashless is a good step towards country's development, we all know that. But, there might be two major problems in front of this step. One is "Not enough cyber security", to which I think that today India has enough advance technologies through which we can overcome this problem. The second is" Lack of knowledge among people ". For this problem, I think it's a positive step. It' like killing two birds with one stone. You might b thinking how it can be so advantageous? I'll tell you.

On one side our people would get a chance to learn and explore something new and at the same time on another side they'll understand about the cashless scheme.

As an Indian Citizen, I go with digital payments may be it had created some people difficult in our country and also some of them may be not familiar with the digitalization may be it will be a factor for them to not to use it. But our government has introduced many awareness advertisements of using digital payment and also conducted some digital payment awareness programs in many part of villages, cities, colleges, government offices to make the peoples a part of this process and also makes them aware of it. It is necessary to develop our country in technology as well as to introduce those new technologies to our citizens.

There are certain apps are established for digital payments from the government side but it's our responsibility to check our using app information of security before using it, at least we have to check the app's feedback before using it and if we are using government apps the security is provided by the government only. In any case, we find some difficulties of using it or in its service, we can complain about it on certain authorities.

But it's our duty to make sure Is we are using the right app.

In my opinion, I think that India going cashless is a good decision taken by our government. It might be an odd decision for some people because whenever the new things comes it looks strange for some time period. Like a coin has two sides head and tail every situation or every decision has its two sides which are its pros and cons.

The pros are that one donot have to carry the huge amount of money and worrying about getting the money stolen by the theft and the other advantage of digital payments are that when things get digitialised, the things can be accessed from anywhere at any time moreover the things can be get done by sitting at home.

The cons are that hacking. The transcations can be hacked by the hackers making for the people to think again as they may get their money in trouble in some way. Secondly, the people from rural areas who donot know how to use computers may find it difficult. But I think people should be made aware and they should be educated so that they can also participate in making India digital. Its a good step to put the corruption to an end.

Hello everyone,

As we all know India is developing towards the digitisation. Everyone now turned or cultivating themselves into this digital program. But still, we get a question in our mind that is it really good for our self and as well for the development of our country? but yeah my answer will yes. Yeah, I know there is lots of things which was not yet getting too improved in our India like some peoples are not aware to this cashless programs, online transaction but still I will support to go India cashless. Because instead of counting vulnerabilities in our dig ital program system we can improve the bright side of this. And we will boost this at another level so no one can get feel insecure while doing this digital programs and no one even thinks or getting doubt about digitisation in India.