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

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2111 comments Page 156 of 212.

Anmol Purohit said:   7 years ago
Hello friends.

According to me, digital payment is the best and very useful way of transferring cash globally somewhere one might think of cyber crimes but if we use it wisely we can avoid it.

Secondly somewhere it is not considered very useful in rural areas where digital knowledge is not very good among people but initiatives have started to reduce this problem.

Thank you.
(8)

Priyaranjan said:   8 years ago
Yes, Digital payments should be promoted in a big way, due to the following advantages:
- Low cost.
- Convenient.
- 24*7.
- Paper less (conservation of natural resources).
- Plug leakages in economy.
- Discounts offered by partners to use their platform.
- Win situation for traders and consumers.
- Time saving.
- Highly secured due to regulatory norms on encryption, integrity.
(23)

Lipsita said:   8 years ago
According to me, digital payment is a good step for the Indian economy. It takes less time and more effective. I agree that it is a very easiest method for us. But in India, most of the people are from poor family or rural area. They don't know about digital payment. Nowadays, Internet hacking is a big problem for us. So they will face many problems. It is not secure for them.
(10)

Wasim said:   8 years ago
Definitely, by taking some proper measure from a security point of view, we can make digital payment cashless. But going for fully cashless is quite difficult because of illiterate people. There are people who even don't know about reading -writing for them security aspect is more difficult. One we can do make a digital system based on visual /picture to make them understand.
(15)

Chetan Patil said:   7 years ago
Hello Everyone,

I think digital payment with trusted payment gateway is good for the Indian economy to go cashless because see to remove corruption from the country we have to take our steps towards cashless India. And for that we have to implement all possible resources that will help us in implementing cashless India and secure digital payment will play a key role in that.
(13)

Sonal said:   8 years ago
Yes, digital payment is very good for today's growing population. By sitting at home people can pay their electricity bills and various types of bills. But some people do not know the use of this system because of I'll literary, it becomes difficult to operate this digital system. So the main thing is to educate them about this system, most people who stay in the rural area.
(4)

Pankaj said:   8 years ago
According to me, no system can become 100% safe and secure ever. It's because as system get improvement it becomes vulnerable at the same time because of there is some flaw which becomes the opportunity for the hackers. So according to me, there must be a robust system which can detect the breach in the system and takes necessary steps. Prevention is always better than cure.
(9)

Amit said:   8 years ago
After demonetization, many people of India started doing digital transactions like paytm etc. But I didn't face any problem regarding security and didn't hear about security problems from anyone. Digital transactions are more secure than cash transactions, you don't need to carry cash all the time, it reduces the risk of money theft, we can keep records of our transactions.
(17)

Ishpinder Monga said:   7 years ago
I think digital payments are secure enough as the providers who are providing the service needs to take care of the security or else they won't find enough people for their service hence might not be able to grow. Also for the economy of country like India it can come. Into action as a person is eligible to transfer a big amount within no time and able to get its work done.
(2)

Rashi said:   8 years ago
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!
(5)


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