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

Yes, in my point of view, digital payments are secure enough for Indian economy if the government is maintaining cyber security solutions in today's world economic changes like demonetization it helped people a lot to transact their goods and services through digital payments If the digital payments are introduced in Indian economy, should ensure that people should aware of it.

The main thing is first government need to increase the literacy rate and provide the required facility like Electric Supply Exedra when implement the digital payment proposal otherwise it becomes a Blender failure frankly speaking in present situation digital payment on not enough to secure as we are facing problem with Bakers and cyber criminals so there is need in development in secure website from there except than digital payment or handed person secure enough for the Indian economy to go cashless.

I think it's too much better for everyone because in our country snatching problems remove. But digital payments only in urban area not in a rural area so our government take action on this and aware about this to rural area people. I think many engineers and doctors are from rural area and its work in an urban area away from your home its not live with our family so the govement take the job in a rural area for aware to the rural area people.

Digital payment secure for the Indian economy to go cashless because it's from our country economy increases and growth.

Hello, everyone! I am B.Chaitanya Srinevas. On a positive note, I would like to discuss the merits of the cashless economy. I would articulate my answer in a concise way rather than being verbose. It can have effects on regional scale and on a global scale as well. On a regional scale, it tries to remove the stress amongst people to stand in huge lines and wait for money near the ATMs. On the other hand, any form of an electronic device provides added security and less traffic congestion between the merchant and the customer. Provided if there is a good internet connection. On the contrary, the people should be aware of the process of the digital transaction and the process of buying any goods and services of a utility value. People should be subscribed to a good network connection and also should have bank accounts. This feature on a global scale provides a medium for privatization to improve in this country. It encourages all the banks and cellular subscribers to be poised towards the development of the economy. Liberalization, Privatization, Globalization is the backbone of any developing nation and the security of people is fundamental to every nation. Though there may be bitter hindrances towards the development, it has a brighter side as well. Hence in opinion, we should improve upon our liabilities and help our country to be a better place.

Hi Friends,

In my point of view, the digital payment in an India. So digital payment was start first in Europe. Now it start in India which one is the Great system for country economic growth. But recently government get tex in transaction but which is also necessary for country but Accordingly, they should be given convenience as in Europe people. And remove tex for who is financial weak and student.

Thank you.

No, I don't think so it only helps for rich people but not for medium people or poor peo0le the main problem is that the tax added to the digital payment due to which people use to pay extra money about 2-3%of total amount.

India is a large country with a very large economy. It is also difficult to maintain money in our home and also in banks, However, it may be unsecured. Giving exact change in shops is also another problem. By using digital payments it provides easier way to buy products. Digital payments provide a way to solve many problems regarding this issue. However the major issues like people do not know how to use this payment methods. Many people in India are not used to digitalization however proper awareness programs on digital payments may increase the chance of improving digitalization. India should be careful about the security issues since everything goes online.

Hi everyone,

Government has taken a step towards the corruption free country by introducing the digitization, however it is also important to teach about the digitization in the rural and urban areas and also the security of the card, so that no one can fool them, where it is not popular to use card or any app for payment so they can understand the positive impact of digitization and they can also lose the fear of threatening of cash, it is easy to carry card with respect of high amount of cash.

Thanks.

Vineeta.

According to me, up to now the digital transactions in our country were secure enough. But cyber crimes were increasing day by day such that we have to be very careful about our online transactions. We have to be aware of which type of cyber crimes were occurring and have to take certain measures to reduce such type of cyber crimes.

Hello, everyone!

Online payment or transaction is very helpful and important for our generation we could save our lots of time.

And maybe it's helping to our country to make corruption free and it also impose on our GDP by getting more transactions!