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

Group Discussion
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 167 of 212.

Jyoti said:   8 years ago
It is very good that our system is becoming digitalized. It is very easy to use when we know that things but in remote area network problem is there and elder persons don't pay money with e-transaction because of lack of knowledge. Then Modi should prove the free seminar for that person who doesn't know about e-transections and fear with that.
(13)

Heli said:   8 years ago
Hi everyone,

I would like to bring some of the facts which Qualcomm has recently reported: "Not even single digital payment application in India is secure enough. India lacks hardware security. " So what is my point of view, We are not completely ready to go for a cashless economy. There are still security challenges which must be addressed.
(10)

Priya said:   8 years ago
Digital payments are secure. But that is not enough. We need to strengthen the payment system as it is still vulnerable to cyber frauds. The Vast majority of Indians are still not digitally literate enough to deal with payment system failures. Banking ombudsman scheme need be strengthened. ALSO CERT IN FIN mechanism also need be strengthened.
(2)

Shivendra singh said:   8 years ago
I think it's good for our country and for us also because if we use digital payment it will help to control corruption and also black money. We are living in 21century we will accept the digital payment because it's safer for us if we will protect our password. I think it's good for our country economy also. That's it I support digital India.
(8)

Srikar said:   8 years ago
Hello everyone,

I am Srikar, I agree with everyone who supported the above statement is true, but when a good reform like digital payments is introduced there should be some definite solutions to avoid the problems faced by citizens in adapting to the reform and they should be given freedom to choose their way of payment I think it is basic.
(9)

Sahil thakur said:   6 years ago
Digital payment is not only good for us but also for our nation's development. Our nation is one of the biggest nations in the world and for this if the nation there is a need for big networks and digital payment is one of them. The only thing government should do is to take some relevant measures to teach people who don't know how to use it.
(10)

Priya said:   6 years ago
In my opinion, digital payment are secure. Digital payment is saved the time because you can and transaction the money in other bank accounts very easily and big amount of money you can easily transfer nowadays maximum people are using paytm, phonepe and with the help of application easily transaction money two other people and bank account.
(37)

Namrata J said:   8 years ago
In my point of view, digital payments secure enough for the Indian economy to go cashless.

Because digital payment have some advantages like it saves time, it is safe.

But there is little chance for hacking.

For making 100% secure payment, our country is required to adopt security techniques which is used in other country like USA, japan.
(5)

Veena sasikumar said:   7 years ago
Hi, Good evening to all, in my point of view, the digital payments are secured than cash payments. Because nowadays we are changed to digital India. So digital payments are helpful for people to secured their money in their bank account and easy payments with anyone around the world. So it is very helpful for all peoples in India. Thank you.

Namita jagtap said:   8 years ago
Hello everyone.

I am Namita.

Digital payment is really good for our Indian economy but other point of view it is soooo much risky because now a days soo much online fraud are done earlier. Many peoples are doing online transcations so because of online fraud many peoples get loss soo digital payment is good as well as little much bad also.
(2)


Post your thoughts here:

Your comments will be displayed after verification.