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

Hello friends, In my opinion, there are various under which digital payments are secure enough for the Indian economy to go cashless.

The first thing is that everyone should be enough known to operate digital payments.

The second thing is that those people who are illiterate should be trained and taught enough about the digital payments.

For a secure Digital transaction, every one must follow the payment protocol so that the transaction would be secure.

Hello friends.

In my opinion, yea, E-transactions are secure enough to go India cashless.

We can Uproot corruption as every coin is deposited in bank.

We can increase our revenue.

The only problem is India is developing country but still if we provide awareness for rural people or else for every area there are banks provided if they interact and explain about the need of the E-transactions, they will definitely show interest and encourage it.

Thank you.

Gopalraj Mishra.

Hi,

Yes, digital payments secure enough for the Indian economy to go cashless. When we go outside home fear of money. It stops steals of money that happen take place.

After, cashless, economy nobody fears thief of money in the home.

Yes, digital payments are secure enough for Indian economy, I personally in favour of this step as we all know that it is helping to extract out the black money and of course this money is going to be used for some good purpose for India, but if we see the major part of India needs to be educated how to use this digital payment system and after this I think approx after a year it will be fine, come on India lets be digital.

According to me, digital payments are secure enough to Indian economy to go cashless as because in the modern technology era lots of antivirus protection software are installed in our mobile and personal computer system. We can easily do our transaction within a few seconds with 100% protection by hackers and we can do transaction from anywhere we want. Nowadays we have mobile banking and we can transfer money to any other bank account within a short period of time and also it is convenient to use. If we go cashless we could able to support our Indian economy and also it is benefit to raise value of our money. There is no wastage of paper and also no printing devices needed. I support the great courageous movement by our prime minister to go cashless and also to bring back the black money to our country. At last the need of the hours is to teach how to do digital payment and what are the benefits of digital payments to all those persons who are not aware about digital payments. In this way we can support our Indian economy.

As we all are here for a discussion on digital payment secure enough for the Indian economy to go cashless. As we all know that in early time India was known by the name sone ki chidiya so to bring that day again we have to do some changes so we can make our India sone ki chidiya once again, digital payment helps in many ways like it saves our time and also contain our records for future use.

Yes, The Government is taking a good step towards this. But only one drawback is illiteracy. But this can be overcome by conducting workshops and educating the illiterates.

My opinion about this for digital transaction first and foremost thing is that everyone should be aware of digital payments so far the government should take all the possibilities to know about the digital payments.

Yes, this is the great privilege to public for cashless payment. Nowadays public getting more difficult to carry money and getting money from the bank is too difficult. So, cashless payments are very secure to public.

According to me, as we are all aware of the present condition of the country and about the literacy rate which is too low as compared to the developing or developed country. Almost about 70 per people living in the country are not know with the procedure of online payments so I think the government should have focused to impart knowledge to the citizens instead of implementing this action. One should be aware of the procedure and concept and also benefits of the digital India. I pretty sure most of the people won't be knowing about this. Secondly, most of us think that it's not an easy procedure and insecure so they should be made clear with it that it can help reduce time and labour.