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

In my opinion, digital payments are good for Indian economy. It is not only easily accessible but also secure. Person who have lack of time, digital payment have made their life easy. Digital mayment in government sectors leaves no loop hole for corruption like practices.

Sorry for interruption gentle-man, I don't think that digital payments secure enough for the Indian economy to go cashless because It provide the easy path to the crime although this is not the main reason of crime but still digital payment is the easier way to increase crime and second thing is that digital payment and all over these type of system completely depends upon the Internet and electonic machines and we can not dependents completely upon these machines.

Hello everyone, in my opinion digital India is a great incentive taken in our country. But as we know coin has two sides so going cash less in not a good dission. According to the article 35%of our Indians are illiterate so in that case going cashless in not a good dission right now.

Thank you.

Hello friends, good morning.

Yes, It may secure for the Indian economy, But the digital payments are not enough to secure. The large population of India resides in the rural areas. They are not aware of digital payments and bad expert of this field take benefits of this.

So, Go for cashless is good, but the thing is, make aware as soon as possible to the common man so Indian economy gets the benefit.

According to me, Indian economy is in great trouble due to G. S. T and demilitarisation. Our governments are setting goals and working, one of our goals is going cashless, in developed countries like USA total economy is cashless there must be a liquidity, nowadays cyber crimes are more. I thought digital payments are not secure enough. This a good idea and implementation must be done by using strong principles.

In my point of view, digital payment is not secure until or unless everyone got to know about this thoroughly because there are many rural areas where people do not about smart phones, how to use them, what is digitization, how to make payment online and all. So until each and everyone is not aware about these things digital payments is not secure enough for the Indian economy to go cashless even though it has many advantages.

According to me, it's a safe mode to use credit card instead of using paper money but on the end of poor people we see they even don't have the knowledge to use it even though many of vegetables and fruit vendor have swipe machines with them but they have to pay tax for that to let us take an example of a fruit vendor if he is earning a rs 100 profit after sailing fruit then he has to pay 20 rs tax on it because he is using swipe machine then is it possible for that person to survive. In my views, its is good but only on the part of the rich person but on another hand its bad for lower level people.

During demonetization usage of digital payments had increased a lot. Our honorable prime minister also suggested to go cashless. Yes I agree with digital payments because it helps to reduce corruption or black money. This notion is reaching to metropolitan areas then what about the villages.

Hai frnds,

We know all of you digital payments is very secure and to reduce lot of corruption. Our Indian government has developed some what good technology like (mobile cashing, online payments) but awareness is very less.

In rural and village peoples how to use and how to work technology try to give awareness to the people.

Smart technology awareness and implemention in our hands. How to developed technology this is govt side.

Please try to change our mind sets try to giving awareness to unaware peoples.

Thank you.

Hello, friends.

As per my opinion, there were so many advantages of digital payment, such as it 1: it save time 2: quickly transferable 3: we can access at any time (day/ni8) and so on.

But as M.Gandhiji said, "Our India lies in villages". If think about village people so many has unaware of these term known as digital. Most of the pepoles are Iliterate so it becomes more difficult for them. Even though persn who's income is 5000/6000 how he or she can effort samrtphones, if we hav to make our India digital firstly we have to aware of the term soecially in villages, we have to improve litracy % I think still it takes 5to6yrs minimum to makes pepole litrate so in my opinion todaydigital payment still today is not secure for Indian economy. .