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

Some places digital payment is good but many places. Raviraj ji also said that rural areas have many problems by digital payment. But somewhere if you pay by debit card then you have to pay extra charges. & I don't know that why we pay extra charges. When product label is written MRP (Maximum Retail Price With ALL Taxes). So, I think this is not giving only profits us.

Yes, of course.

I think if We make payments in digitally. That makes India to be developed country.

In this no need to carry big amount anywhere for the transaction.

Yes, by considering some points digital payments are safe or easy to make digital payments.

As without carrying money anywhere, we can pay any amount as our requirements but when we make payments with cash there are limitations on payment which is not applicable on digital payments also digital payments are helping to make cashless transaction where we can be free from the problem of change of money.

But by considering some points we have to be more aware about our ATM card or pin code of atm so that no issues be created about security but overall digital payments are secured.

Digital payments have become a trend in today's expanding economy. I guess its secure enough as before any payment the owner of the credit or debit card gets an OTP (One Time Password) through which transaction security lies within the hands of the owner. Digital payment has helped people in various day to day activities like from paying for groceries to paying rent. Not only this but students can apply for colleges online in spite of standing in long queues for hours. People can even buy luxury goods from abroad countries through digital payments. Digital payments have smoothened the flow of operations in the economy and the government is taking steps under the banner of " Digital India " to make it more secure. So I stay with the point that digital payments are secure enough for the Indian economy to go cashless.

In India there are many places especially in rural areas where still payments are done with cash, means no digital platform.

Yes, digital payments is secure.

Because whenever you do payment through net you get some transaction id which becomes proof that yes payment had been done.

In the 21th century, who travels with lot of money in his/her pockets simplest way to carry credit/debit card which is safer the travelling with cash.

If by chance your credit/debit card got stolen there's no chance of it being used you can block that card so that further payments will not take place.

If India wants to be "cashless nation".

We really need to focus on our rural areas.

Yes, I agree that the digital payment mood will help India to be a developed country. But there is a chance of hacking to steal someone money. Nowadays we see that some payment transaction app was hacked anonymously. The effect of this hacking falls on the common people who did the transaction on that application.

So, I think to be a cashless country, we should see the security of that respective application.

Yes, Digital payments are secure enough as they help in cashless Transaction but not every where. There are many people who are not aware of digitalisation especially in rural areas. So it is the responsibility of goverenment and every citizen of the country (educated people) to bring awareness everywhere about digital payments. It is not only the complete responsibility of the government but also the contribution of every educated individual plays a vital role in making Digital India. Regarding cashless transaction it is secure that many security options came into existence but technological developments has to still work on it to make it more secure.

YES, Digital payments help India to go cashless.

1) Nowadays everyone has smartphone and jio connectivity, so an excess of the internet is very easy and digital payments as well.
2) The government has also introduced Bhim, Paytm, all such app help us to go cashless.
3) Taxation would become easy.
4) Robbery, theft will be reduced drastically.
5) Bribe and corruption will also be reduced because government can excess any transition among people.
6) Payment time reduces for long distance payments.
7) To make India cashless, we need to educate people about online banking.

Yes, they are the reason is as follows;

1) Any payment made offers the payer an OTP or an ID.
2) Payment transaction is connected through Indian commercial banks whom we can trust.
3) the Reserve Bank Of India further enriches the trust of the payers to use digital payment facility.
4) The existence of internet crime organization makes the payee even safer.

Yes,

Digital payment enough secure for becoming a cashless India and it's very useful the way that you would like to go there and if we use digital payment method then we are completely secure about the money we have proof that we had been transferred the money to this person. And our PM starts many applications for India make cashless.

So. I think this very useful and secure also.