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

I think digital payment is the starting of a new era of digital and smart India. It will play a major role in development of our country. It will play a vital role in fighting with corruption. Digital payments are secure and safe. We can pay for anything by sitting at home. It will make our life easy and fast. Seeing the benefits of it I fully support digital payments.

Hai friends it is good to go for economy to be cashless. Because it saves a time while standing in queue the people can faid thier bill in smart phone only, and once you say to illeteral peoples they can also understand easily and start with cashless without drawing money from bank. And it is safe also. By this India will be grown.

According to my view, it's a really a good initiative for India. If India goes for digital payment corruption and bribe will be less.

The Government will know about the transaction in the way corruption will be less.

Also, there will be more advantage, India will be more modern and developed.

They are not secure enough for the Indian economy to go cashless because there is still network and internet problems in rural areas of our country and major of the rural areas population is not literate enough to know all the security measures related to money transfer or any other transaction. Any third party can take advantage of that and can access it. Apart from rural areas security of all digital payment application needs to be more secure and reliable to rely on them for India to go cashless.

Hey guys.

For me, digital payments are a great success in our economy, We don't have to carry hard cash everywhere to make our payments. Our payments have been made so much easier with the use of smart multimedia. But its more prevalent in the major cities not so common in the rural areas, So there is kind of diversion occurring in our nation which has to be removed, to avoid problems faced by the people in our nation. Government should make sure that valid means should be made available to the people so that they can go cashless anywhere in the nation.

Hi, friend.

I hope that cashless is ours responsibility that makes a great nation and less corruption. But few problems have come as no every one knowing about this. Thus we should tell them and more promoting. Let's come 'learn more about this and make a part of this successful campaign.

Thank you Sir, for giving me this opportunity,

Sir I am not agree with Cashless India or Digital India, because there are so many people in India who are not aware from these things even they don't have any knowledge about it, they have lack of Education, Internet, awareness, firstly Government should take step to aware such people.

In my point of view digital payments are secure & faster for Indian economy. Here have some points for that I think its beneficial for us-.

1. First & prime thing is that, whole transaction will be traceable which would be help to do for better policy for us.

2. Economy growth will be increased, because.

Usually when we get payment from someone by cash and after that if that money sit back at home then it can't grow. In a same situation if we take that money in our bank, it will increase our money even it is for some time also.

There have many kinds beneficial thing which we can get from this digital economy not by 'NOTE' economy.

And the other side's of it, if we talk about infrastructure. Then, everything has a first step after that stage by stage usually it grow.

Hello, everyone, are digital payment secure enough for the Indian economy to go cashless. No, because as we all know we need good internet connection for the digital transaction. And due to low connection may transaction process stop in middle of transaction. And the money was debited in your account and there is no payment shows.

As due to digital payment system there were decreased in corruption and black money.

Example, if you order online a product of rs. 499 and you paid 500 in COD. The amount of Rs 1 not shows any one and if you see all over India crore of Rs. Collected with this which not shows any transactions.

So, the digital payment need to more secure and awareness related to that should be there.

Thank you.

Hello Everyone. !

Just to add some views with regards to the security of payments for Indian economy to go cashless, it is most important to keep the aspects of digital rather cyber threats in mind. The hacking community is always there for the so called cyber threats considering the potential points like URL manipulation to hacking of passwords. But unfortunately all these are considered for the privilege class who are interested in viewing a smarter India. However, there also remains a class of people who don't even posses a mobile to indulge themselves e-payments and being exposed to the digital world.