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

Good evening to all,

My point of view about this topic is, this digital system has both good and bad.

Every people is not well educated and even some people don't know to use the ATM cards in that case this digital system is useless only.

Money is the basic need for everyone day to day life. We can't use the cards in every places.

But this digital system was implemented successfully in every places and the every people are aware of this means our country fully digitalized and reach the higher position compare to other countries.

Yes, digital payments secure enough for the Indian economy first of all digital payment remove the corruption from our society and we have receipt of our transaction which helps in future and we going everywhere without cash and we agree its problem for the rural area, but this thing is good for our country hope for the best.

Yes, in my point of view, digital payments are secure enough for the Indian economy to go cashless. By the cashless system, we need not to go to the bank every time for money we can do it from home only. Bt as we know coin has two sides one positive and another negative. Bt when the majority will accept this cashless system then slowly nd gradually rest of the people will also accept. Moreover, we are doing payments digitally so we have receipts of each and every transaction and those receipts we can show while paying income tax nd thus we can save from bribe as well. Hence by cashless, we are making India a digital India.

In my opinion, digital payments have both advantages and disadvantages. First, the advantage is there will be no black money issues, there will be a rise in the Indian economy, India will soon be a developed country and the disadvantage is like Ransom Virus, Hacking the passwords, ATM Pin no's etc. I mean the Privacy will not be secured.

I think digital payment concept is the most useful concept to make India digital. People who live in urban or ruler area have a lack of knowledge about this concept but I think if they are using nowadays smartphones that mean they are more curious about digital technology so people will also accept this digital concept.

Yes, Digital payments are more secure, and it is good one why because of no need to go each and every time to any bank or atm for the purpose of money. And also Digital marketing makes less time consuming and also we can avoid the fake payment. Every coin has two sides, that is one positive one and another one negative side so we must have awareness.

Good evening sir,

The topic is "Are digital payments secure enough for the Indian economy to go cashless". So in my opinion, India is still a developing country and in the other case our country is laborious in nature it is not easy to change the habitual or cash economy but from the new thought presented by our prime minister Narendra Modi. And it is a unique and wonderfull idea and I believe that digital payments secure enough for the Indian economy to go cashless.

I agree. But I have different opinions on the digital payment. India is developing the country and now India taking some steps toward the new technologies. And if you saying that digital payment in India has problems like the internet, security nd so more, I have to add some points that most of the available telecoms service provider now giving 4g now all over India nd jio plays big nd imp part in that area. So the internet is now not a big issue. Saying about security, latest India with Spain sanction MoU in the area of cyber security. That means India is taking more good steps toward cyber security. And about the case that India is not prepared for digital payment, I have to say something, swimming without touching water is not possible. We have to first adopt the technology and then evolution makes it more usable. India has literacy of around 73% thereby adopting new technologies in India is not a big deal. Hence I want to conclude that digital payment are enough secured to go cashless.

Dear friends,

As the topic demands a thorough discussion on ARE DIGITAL PAYMENTS SECURE rather AFFORDABLE and when it come down to line of online transaction security, we are still naive or gullible as comparing to USA, Japan etc. Today if we look at the condition of today's internet technology in India, it is too vulnerable which got halt many time due to the excessive user but surprising matter of fact is that not half of our population is actually using the internet. So now if we desire to go cashless we need to answer some question to yourself first -.

1. Is Indian current technology can facilitate good net facilities to every user of India.

2. Will after augmenting users for online payment, our transaction will be safe from any kind of thread like hacking, data lose (due to the excessive user).

After this I can say we need to firstly improve our technology, cyber security and cyber laws after then we must encourage people of India to go for online payments.

Hello everyone,

According to me, digital India's step towards digitalization is a proof that we are getting educated and developed. But in India itself a large group of people belongs to a middle class family and some people even living in the urban areas are not as much aware about digital payment or there is some lack of knowledge which makes them feel discomfort in using such type of technology. So, first in foremost need of the people here is to be educated about such things. Here education does not has anything to do with rural or urban areas, it's just you must have that curious being in yourself who is eager to learn new things.

Thank you.