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

In my opinion, Indian economy to go cashless.

When digital payment campaign start people's.

Self-awareness from how to secure atm and password. I know most of the people don't know about the use of atm machine but when.

Cashless campaign will start people's will compelled to use of cashless.

Yes, I agree that digital payment is safe enough to be used because the various rules set for various transactions, while using these all facilities one has to go as according to steps necessary.

Digital payment is great footstep towards end of corruption and also the GDP growth as for eg in us like country the use of e-commerce sites and in various transactions are being done digitally.

Yes, I agree that digital transaction is much more secure than carrying cash in hand. It is safe while you are travelling from one place to another place because it is not easy to carry a large amount of money. In my point of view, each and everything should be online. But in case of India major problem is that 80% of the people do not know how to make digital transaction so what we can do we can give training to such people mostly in rural areas. Digital payment will reduce the corruption as well as black money.

Since the demonetization of high valued currency, cashless economy is being discussed which I believe is a good step in taking our economy forward but at the same time, we need to be careful about the security in using cashless mode of transaction. Some month ago, it was reported that the data of customers of some banks were compromised and that was a very serious case of data breach. Although concerned ministry had further taken some steps to curb such data compromise, but the question about the security of the cashless transaction is obviously raised. Several cases are reported very often about online transaction fraud that needs to be addressed in a very serious manner. At last, I conclude that in-spite of being vulnerable to theft, online transactions should be promoted due to its several benefits.

Yeah, I am satisfied cashless but I have a question is poor man is not applicable for this opportunity.

Because the village people is not understandable and is no learn to teach about this.

Hello everyone I am Seema well our topic are digital payments secure for the Indian economy to go cashless.

Is very interesting. In my opinion people are now digitally well versed for eg online purchasing etc when we purchase online by using atms while transaction they will ask otp number very secure. But while using atm and our card is lost people can use that card to withdraw money while informing banks it will take time by the time if any body knowing the pin number easily withdraw money from atm. What bank does it will block the card, in my opinion is that digital payments are secure for our Indian economy. But only thing is that we.

Must educate people by social campaigns etc. So other people who are illiterate digitally atleast get some knowlege, and they can practice it.

Hi, everyone.

The topic is Indian economy to cashless.

In India 80% people they don't know how to do transaction in online, And some poor people they don't know how the atm card use in atm machines, And they don't know the password keep safe or not, So my opinion is to give a training to poor peoples in rural areas is some thing helpfull to India.

Hello! I think it is safe to go cashless because you can't travel larger amount of money one place to another so via digital payment or any application you can go there without taking any money & without any fear also. But the major disadvantage is in India many people doesn't know how to use this digital payment application so they can't use it. For this India should take some step on this issue after solving this all issue then they should go for digital payment (cashless).

As per my opinion, the idea of cashless India is sound, but it becomes difficult to implement and the people are concerned about the safe side as there is great danger of cyber crime they may not make their contributions it on us the young youths to spread awareness among them to go digital.

Hello Everyone,

As all of them are expressing their thoughts in educating the rural areas, We could take the initiative. As all of are educated and most of us have natives in rural areas we could educate the people in rural areas by taking the initiative instead of waiting for Modi Sir to schedule campaigns.

I would like to add this point with other points mentioned already.

Thank you.