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

Yes, going cash less is very important for India because people will pay the amount digitally so everu one will pay the taxes then there will be economic growth in country and our country's gdp rate is also going to increase. Corruption will also get decreased by using digital payments. But one thing is the people who are not educated are more in India so for them these digital payments will be difficult. So for that our government should keep some campaign programs to educate the people on how to transact the money digitally.

In today's modern day carrying cash for every single thing becomes tedious, using digital money makes the work easier and faster.

It removes the long waiting in question. It makes payment for electric bills, shopping, movie tickets etc much easier.

However, there are some risks in using digital money. But we can not ignore its benefits. In fact, risks are part of life. Digital transactions can be made safer by spreading its awareness among people, not only in urban areas but also in rural areas. The government is trying to improve the Cyber security day by day. Hence it would be possible to make DIGITAL INDIA.

Hello everyone, Myself Purushotham reddy.

Digital payments is mostly secure for Indian economy. Government link the biometric procedure to all digital payments. We cannot stop all corruption in India but as compare to cash payments decrease the corruption. Suppose government giving money to (ex:old people) people. In some villages government workers are they do not gave money to that people. They were taken that money. Because of there were no biometric procedure. For that digital payments are more secure.

I'd like to go in favor of the given topic. With new age times, new age technology is coming and and we all need to update ourselves with the changing times. In order to move forward, we need to switch to digitalization as it serves a lot of purposes. Making digital payments online, would eliminate the need of carrying money personally, which in turn would reduce the petty crimes that happen on a daily basis like theft of wallet and etc. , thus reducing crimes also. Digital payments saves time also as we don't have to stand in long queues waiting for our turn. The only problem that I see as a con in digital payments is that it is still not a very secure mode of payment, since it is always under attack by hackers. However, digital payments have more pros than cons, hence I stand in favor of it.

Hey, everyone, this is Swati Jha.

According to my opinion, digital India launched with a vision of digitally empower each and every citizen of our country. The foremost challenge is to increase digital literacy in the country. I just want to say that India has already progressed enough digitally but we can't say this is 100% secure because every thing comes with some pros & cons.

Cons are it's difficult to access everything online for those persons who are not aware of internet and technology that much n also for those who live in rural areas and thought that these are totally insured. But if we follow the set of rules & guidelines that need to be followed to stay secure with online transaction then I must say this is not that much difficult to tackle, and also awareness plays an important role when it comes to the online transaction it's our responsibility to being more alert n also aware others. It is also essential dt people upgrade their application from time to time when a new update is available it also help to improve security level. If we do this then I think the Indian economy is ready to go cashless.

Thank you so much.

Making India cashless is very good decision by the government, as the technologies are taking the world to great level by reducing the manpower. As today it is just a work of seconds for payment, money transfer etc. It makes the life of people easier but every thing has its dark sides. Recently the attack of ransomeware globally make the people think that digital payment a unsafe measure. 2-3 weeks ago, concurrently children in japan developed a ransomeware pass it to the servers and demanded for ransome. But later it is controlled by the cyber security of Japan and the boy is also arrested by the cops. If this things takes place in India then I think the cops and cyber security of India will not get deal with this thing. I am not telling that digital payment is a false step to put in but there are many hackers who doesn't like this system and they started hacking the site, Facebook account, twitter. These creates problems for the folks. So before making any digital payment please check the authenticity of the payment gateway and whether it is secured or not.

Hello everyone,

In my opinion, digital payments are secure enough for the Indian economy to go cashless, I would like to enlighten some facts which will give the favour to this burning topic of discussion. As we all know that India is developing country and being a developing it is a good initiative taken by govt of India, as being a partner in digital transaction will help us to transfer big amount of money for our necessary work which is totally risky in the cash basis transaction.

Secondly transferring money through digitally will save us our lot of time and for rural area locality who are not so educated it will help them to learn new thing for safe and secure transaction of their money.

Thirdly and most importantly there is no fear of pickpockets and it also help to reduce the corruption which directly and indirectly will help our economy to grow.

In the end, I would like to conclude that digital mode of payments are more secure than cash-based payment and we all should be being a part of this good initiative in order to reduce corruption and help in the growth of Indian economy.

Thank You.

Hello friends, in my point of view, digital payments are secure enough for our Indian economy to go cashless. As we know, when Modi announced demonitisation, all social networks flooded with messages. Actually, it was a good step to make a change of our country. Due to demonitisation, people face al lot of difficulties. But we need to make a change of our country. We should suffer.

Coming to the topic, digital payments are very secure. We know that these digital payments are encrypted. If all India could go cashless transactions, then we can easily find out the big transactions. Govt got a chance to take an action on such big transaction.

But these digitals payments were only known to urban people.

Govt should bring an awareness to the rural people, then it will be great success to us, to our country.

As we know, 50% ppl of our country go for digital payments. We can bring a change to remaining 50% ppl by bringing an awareness.

Problem of hackers is very rare cases. To common people, it's nothing.

Hello friends,

In my opinion, digital payments are secure enough for the Indian economy to go cashless. In order to become one of the developed nation, India should adopt digitization in almost all the fields. Digital payment methods are secure enough to make the payments and it provides safety to the money that is being kept in the accounts. With the advent of these technologies, there is no need for carrying money in large bags. This itself reduces robbery and thefts to a great extent. Moreover, the digital payment methods are convenient to use, 24/7 availability, user-friendly, and also it saves time and money. Yes, that's right my friends a meager percentage of population are illiterate and even don't have smart phones. We can find a solution to this problem by introducing various schemes that are beneficial for poor people in India. And If we go cashless it will definitely save our environment from a big crisis, that currencies are made using the pulp of the trees. If we opt digital payment methods we can save our earth by preserving trees.

First of all, I think making India cashless is not a job of one day.

In a country like India where people are under the bondage of poverty and insecurity, it is difficult to make aware all to promote digital payments. But still, it is the duty of government and media to spread digital literacy and encourage secure digital payment.