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

Yes,

Digital payment enough secure for becoming a cashless India and it's very useful the way that you would like to go there and if we use digital payment method then we are completely secure about the money we have proof that we had been transferred the money to this person. And our PM starts many applications for India make cashless.

So. I think this very useful and secure also.

In India digital payment is good initiative, but still people are not much aware of that which increases chance of cheating.

In my point of view, the digital payment is good and it takes less- time, manpower. But the steps to pay money should be created an easy way where both educated and uneducated people should easily understand.

Before questioning the security I would like to focus on whether India is capable of going cashless or not. In my opinion, the answer is no. India still lacks behind as far as education is concerned. And hence digital payments are not user-friendly at all for poor, old or uneducated people. They will have to depend on someone for transactions to take place. And in a country like India where equality is given too much of importance, this seems little unfair to them. Now as well as security is concerned, yes I believe these modes of payment are secure enough provided these take place through trusted sources. Digital payment has made its way into the urban lifestyle and there are many who use this facility. Hence it is the best proof to support my point that digital payments are secure, else they won't become so common in our day to day life. But then again I repeat. I don't think 100% dependence on these modes can be achieved. These have be offline classical payment options.

Yes they are secure but on limited sites for example paytm, Payu money etc. Nowadays people can move carrying an ATM full of money from one place to another instead of carrying money full bag. Though digital payment helps a lot but on the otherhand people still suffers with fraud ue to limited knowledge. To make the economy cashless some secure and punishable steps should be taken against the frauders, for the better future.

Hello,

Digital payments is a good initiative to cashless economy, one of the best way to access money and secure but government must take initiative to teach uneducated people about this and make them aware about this facility.

Hello everyone,

Digital payments are not very secure because today data and informations are leaked or hacked by many hackers which makes unsecured to the customers. It will help the customers only if the technologies becomes more secure. The economy can only grow if the govt reduces or decreases the cybercrimes.

Hello everyone,

In my opinion, digital payments are secure enough for the Indian economy to go cashless. Introduction of digital payments plays an important role for the development of our country. It provides various advantages to the people like, they can save their valuable time by using digital payment instead of cash transactions. It also reduce the risk of holding huge amount of money in hand and can also make transactions with ease and within a short span of time.

Thank you.

In my opinion, digital payment is secure to an extent, now there is also an increase in black money.

Goodafternoon,

The topic which we are discussing is a relevant one which our country is developing nowadays. As a coin there are two sides for this topic, that is the advantages and disadvantages. As we all know our economy is going to be a cashless one. The major problem which I found that there is a lot of people who is living in rural areas, who did not know how to use a smart phone properly. Those people are not using these kind of e-payment techniques due to the lack of knowledge. Somehow e- payment facilities are very useful for the rest of others. And the another problem is that there is less security. The accounts may be easily hacked by hackers. But at the same time this situation can be happened to direct payment also by the disturbance of thieves.