Are digital payments secure enough for the Indian economy to go cashless?
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2111 comments Page 178 of 212.
Marie said:
5 years ago
Hello everyone.
I think digital payments are not secure because nowadays hackers play a key role in online networking besides this in rural areas people are not aware of this digital payment and no smartphones at all. But there are some advantages of digital payment like there is no issue of fake money.
I think digital payments are not secure because nowadays hackers play a key role in online networking besides this in rural areas people are not aware of this digital payment and no smartphones at all. But there are some advantages of digital payment like there is no issue of fake money.
(9)
Abhishek said:
8 years ago
Right now, Yes or No depends upon the person who is using as India's literacy rate is not 100% but the way it (literacy rate) is increasing in the past decade indeed it will be the smartest and securest way of payment in future. As it saves time, money and most importantly growth economy of our country.
(12)
Kenam saikishore said:
8 years ago
I agree with the points which others mentioned. In my point of view, yes, India is ready to go cash less as India is a developing country it would be a great step. Recently RBI has passed regulations regarding cyber crimes in order to safe gaurd the customers who would be effected by these cyber crimes.
(1)
Biswar111 said:
8 years ago
It is the great idea, we are becoming a part of cashless society, but before government should be conducted awareness program of our society, as we know that still now very illiterate people don't know how it is work, so my point of view unique step and awareness both are needed to develop any program.
(8)
Kamala said:
8 years ago
According to Qualcomm an American chipset maker the digital payment systems used in India are not working on a safe hardware system. So there is still time before India goes completely cashless as Qualcomm is planning to integrate with Indian companies in order to provide safer digital payment systems.
(2)
Ravendra kumar said:
8 years ago
Hello, everyone.
I think that the decision of our government is 100%right. We should support it. The cashless transaction is a good plan about to save our environment and trees. What you know every year how many trees are cut for paper. So, I think this healthy for everyone who is living on the earth.
I think that the decision of our government is 100%right. We should support it. The cashless transaction is a good plan about to save our environment and trees. What you know every year how many trees are cut for paper. So, I think this healthy for everyone who is living on the earth.
(8)
Anannya goswami said:
8 years ago
I think I would not go with the favour of India going cashless as in my point of view, India should be first been taught about it without knowing the fact never a person can use it worth wise so it's better before going cashless India definitely should know about its benefit and how to use it worthily.
(7)
Sunit chouhan said:
9 years ago
Yes, digital payments secure enough for the Indian economy to go cashless but we should not forget about rural areas of India where people don't know about it until they are able to do it we can't make it cashless so we should teach them first about this digital payment then slowly we make it cashless.
(19)
Havi said:
9 years ago
Main reason for cashless transaction :
1) Terrorism.
2) Block money.
3) corruption.
4) counterfeit currency.
5) parallel economy.
6) currency storage.
7) to check Black Money hoarders.
Impact of cashless transaction:
Inflation, reduction in monetary circulation, cash deposits in banks, easy loans.
1) Terrorism.
2) Block money.
3) corruption.
4) counterfeit currency.
5) parallel economy.
6) currency storage.
7) to check Black Money hoarders.
Impact of cashless transaction:
Inflation, reduction in monetary circulation, cash deposits in banks, easy loans.
(10)
Sujja said:
8 years ago
When everything goes digital there is a lesser chance of robbery, yes. But soon robbers adopt to the change! We'll soon have hackers. In near future cybercrime may be the biggest problem to handle. Before which country should be well equipped with cyber police and many white hackers should be employed.
(5)
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