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

Hi myself Rakesh.

And I think this system is quite good for the development of nations income and it also helps to reduce the manipulation.

We are already controlled by private cooperates and politicians. Digital payment is useful but it is dangerous too. For example if we raise our voice for social issue either against any politicians or private cooperates, then they will target us and hack or block our account. They may portrait false issue against us. And it is easy to hack. If this happens, we are totally controlled by politicians & private cooperates.

Yes, digital payments are required nowadays to the people, by using the digital payments time processing becomes less and we save time, but proper plans are to be taken that is, make confidential of our accounts.

According to my point of view, digital payments are quite convenient and less time-consuming. Also, it is quite easy to keep a track record of each transaction individually as well for the government as well. But I don't think that digital payments are secure enough for India.

As we know that many people living in small towns or in rural areas do not know how to carry out online transactions. So they are easy targets for intruders or hackers. In order to secure digital payments, people from rural areas should be educated on how they can make safe and secure transactions.

According to me, digital payment very secure, there is no chance for robbery. At the time digital cash (e-cash) is need of my life at a place of cash. Anywhere we can pay by e-cash this is the very fast payment method and no transaction charges.

By digital cash, we can never face with changes. The government provides many platforms for a digital transaction like (UPI, IMPS, NEFT MOBILE BANKING etc). For digital transaction smartphone is n not compulsory we can make a transaction by USSD In UPI Paytm payment bank and Airtel payment bank.

Many banks provide cash back bonus point for the digital transaction. This is another advantage of the digital transaction.

So I think the digital transaction is very useful for everyone.

I think the digital payments are very useful to our human life because of this we can go economically cashless It also used to most of our Indian's.

Hi friends, this is sasikumar, today we are going to discuss about the cashless way for an india, yes the India requires that type of method for transactions, because India having many corruptions in world wide level. All the methods are having both pros and cons, the cashless way aid for the hackings, the main merits is that we are not depend upon any banks and also avoid the q's in banks. This is an information age so we must depend only the computers and smart mobiles.

Digital India is very good to step up in the list of developing country this will make the people cashless on this point of view rob is decrease and people are not able to hide his black money which directly impacts on Indian economy it's changed.

By this, govt able to help the poor people if we go I'm a deep so it is a root to stop corruption.

Yes, Digital payment is secure for Indian economy because it makes the transaction fast and easy also it is secured as there is no third party interception with it. In India, now people are more literate and educated about banking fraud and if more digital awareness is given to the people it becomes more secure.

Yes, I agree that because after demonetization act the digital payment was the only thing which was helping in the economy of India in its early period.