Are digital payments secure enough for the Indian economy to go cashless?
Points to remember before you participate in this discussion:
- Assume you are one of the members of a real group discussion.
- Take the initiative to participate and contribute your thoughts.
- Contribute your positive thoughts towards providing the solution.
- Post your thoughts here.
Discussion:
2111 comments Page 160 of 212.
Madhanraj said:
8 years ago
Hi,
I'm not agree with digital India and cashless transaction now a days. Because it's not possible for all the people in India, and Internet, smart phone is doing major role in digital India, so we couldn't expect all people using those things. It's confusing all non technology knowledge people. So we have use digital India concept is one of type not a main role.
I'm not agree with digital India and cashless transaction now a days. Because it's not possible for all the people in India, and Internet, smart phone is doing major role in digital India, so we couldn't expect all people using those things. It's confusing all non technology knowledge people. So we have use digital India concept is one of type not a main role.
(5)
Iirfan Pathan said:
8 years ago
I think cashless transactions are good options for developing countries, but as we know every coin two sides hence with cashless transaction increase the chances of fraud cases and also Cyber Attacks increase. Recently, we have seen that the virus malware attacks on software systems which Disturb the whole world.
So In my view, digital payment is not enough safe.
So In my view, digital payment is not enough safe.
(1)
Sarthak arora said:
8 years ago
Yes, digital payment is secure for the Indian economy to go cashless by the help of (otp) one-time password. Like paytm, bhim these are very easy to send & received money by other. There are many advantages of digital payment but at this time India is not ready for digital payment. Rural area people are not that educated no Internet connectivity in rural area.
(19)
Rojae said:
7 years ago
Hi everyone.
In my point of view, it is necessary to adopt modern technology only if it is beneficial to everyone, but if they are facing many problems from this then what is the use of implementing.
To make use of completely it is mandatory that at least minimum knowledge about the digital banking release, there are many possibilities of losing money may occur.
In my point of view, it is necessary to adopt modern technology only if it is beneficial to everyone, but if they are facing many problems from this then what is the use of implementing.
To make use of completely it is mandatory that at least minimum knowledge about the digital banking release, there are many possibilities of losing money may occur.
(2)
Soumen Maharana said:
7 years ago
Yes, digital payment methods are secure enough to make Indian economy cashless. Govt has taken some several steps to support digital payment methods like encourage apps like Paytm, Tezz, BHIM. This online wallet will help the consumers to send money fast and safe, it will also help the beaurucrats to keep an eye on every single penny which is being illegally used.
(12)
Balu said:
8 years ago
Yes, digital payment makes cashless India but secure because some uneducated people don't know about how to use digital payment.
And some people not secure for payment details for a pin number and card number. The unkown person asking a question like a bank staff through a phone call, mail and some other way they said detail and this is important point thank you.
And some people not secure for payment details for a pin number and card number. The unkown person asking a question like a bank staff through a phone call, mail and some other way they said detail and this is important point thank you.
(3)
Aman said:
8 years ago
In my point of view, Digital payments are good for Indian economy because the corruption level in India will decrease. But the digital payments increases side by side cyber crime will also increases and insecurity for digital payments. We have to increase digital payments with better security. Digital payments save time, money, petrol etc compare to cash payment.
(42)
Shivani said:
6 years ago
Hello Everyone!
As the question is about secure payments, the apps provided for digital payments are not completely secured and also there are risks of frauds and cyber attacks. Talking about the citizens of India most of the citizens are not aware about digital payment methods and would become the victims by fraud people. So we are not ready now to go cashless.
As the question is about secure payments, the apps provided for digital payments are not completely secured and also there are risks of frauds and cyber attacks. Talking about the citizens of India most of the citizens are not aware about digital payment methods and would become the victims by fraud people. So we are not ready now to go cashless.
(24)
Kalpana said:
8 years ago
Yes, ofcourse. Digital payment is most requirable & useful method to go cashless, to remove corruption. But with this we also to need educate peoples of village then only it will work from bottom to top peoples. My strong opinion is that we need to educate peoples first then this idea will work & its our duty to (educated peoples) educate peoples. Thanks.
(5)
Fazil said:
9 years ago
Good morning. According to my opinion, digital payments are secure enough for Indian economy but before that, the necessary step should be the ending of unemployment and illiteracy because many of the places in India are far away from literacy and employment. So if they become literate and employed the dream of cashless India would be fulfilled easily and fastly.
(27)
Post your thoughts here:
Quick links
Quantitative Aptitude
Verbal (English)
Reasoning
Programming
Interview
Placement Papers