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

Yes, digital payments are secure transactions. It plays a main role in development. It ways a path to control block money and it controls the fake notes. Online transactions help to easy way of transactions. Exchange of goods also increases more. But in some cases, this not correct because the attitude of one individual on money decreases why because the mode of payment is different. Exchange of money by hand is valuable than digital trans. It helps banks to get a correct input and outflow of money. Taxation developed by using digital transactions. In most of the banks, there is no clarity of tax control so the digital transactions plays a key role in controlling the flow of money.

Yes, it is enough. If we go through in depth of digital payments how it works, know it's procedure terms and conditions.

About its benefits and it impacts on society.

Then it certainly works.

One must have the idea about what digital payment is.

How it is useful how to implement on it what are its pros and cons?

Then certainly we are on the way.

We just have to educate people first.

And as per my view if we are done with this then our country economy will be on the next level.

One step and all we can change is making the country fully digited, free from hacking not totally, make people independent, save their time and.

Have secure payments and transactions at any place anytime.

It's a little bit difficult to go cashless in todays life, but the scheme run by our honourable prime minister that is prime minister digital saksharta abhiyan acc to this people of rural will be making digitally literate, this is the major step to go cashless as we know that digital payments are secure for everyone.

Yes, this is right because now a days thieves are roaming here and there so if we will pay our amount in the way of advanced technology it is very secure for us. We should not keep large amoumt of money in our pocket. These way of paying amount will measures the GDP of our country, and these way help us to breaks the corruption from our country. These are my point of view if I had say any wrong points then excuess me.

I believe India is not yet ready to go completely cashless, as the systems are not yet 100% secure and completely cyber-attack proof. But government steps like demonetization has encouraged people to start using digital currency and this is a step in the right direction. As the number of people opting for cashless transactions increase, new technological upgrades will come up to protect them. This will help in curbing corruption as well.

Hello everyone. The topic given to us are digital payments secure enough for the Indian economy to go cashless?'.

Digital payments mean making cashless transactions by different modes like internet banking, mobile banking, UPI, banking cards etc. In my point of view, Yes it is more secure to go cashless because it reduces corruption as transactions are recorded and also it eliminates the waiting time in queue for withdrawing and transferring money.

But the thing is to create the awareness about digital payments to the people who are in especially rural areas and illiterate people. So to create government should do awareness programs like sending team members for a campaign, broadcasting in television about digital payments, etc. And also should maintain internet security beware of hackers by sending One time password to the user registered ID while doing transactions.

It is possible in next few years India will transform into digitally empowered society and knowledge economy.

Thank you.

Hi, everyone.

I am Abhishek.

I think digital payment is very useful for our country it makes easy to give money to other people anytime and we don't need to carry ba ig amount of money in our wallet.

The progressive country like India needs digital payments.

Because they make the transactions fast & easy, they are secure.

But the problems in our country is everyone wants to do digital payments but no-one wants to know measures taken during marking these payments.

So, I can say right now digital payments are unsafe.

We have to make aware all of it.

Today's situations is not allowing to go cashless Indian economy, but it is very very important to make cashless transaction but before this we prepare & make strong our basic structure like every person should have a smartphone & know their use smartly & everywhere should reach electricity power all ruler area & fast connectivity everywhere.

According to my opinion, digitization to be made more secure for practical use of it right today there are only 56% of people who mostly using cashless transaction and should be increased for sure by making people aware of comforts and my programming securities should be laid to avoid technical errors anyway our country is new era I am expecting that after 5 years there will be 85% cashless others will be small transactions.