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

To opt for cashless economy digital payment can be a better option however, we need to take care stream which we are about to consider such as paytm, jio money etc. And the privacy facilities that are served. To avail the cashless economy we need to initiate the usage awareness and recovery money factors availability if some malicious activity takes place. Then to there is less amount of fraud cases are coming forward as far as security part is concern so yes digital payments are secure enough for cashless economy adoption.

As per my opinion, only implementation of Cashless is not enough for Indian economy because many people don't know how to make payment or receive payment so Government Should make some plan for their education about it.

Second reason is, people feel insecure because they think that if they make payment but it could be not done or somebody hack their wallet and steal their money.

According to my opinion, I want to say that digital transactions are one of best improvements of our country. With it's help we can easily buy everything (from groceries to train tickets etc) in a very easier way.

We don't have to carry a bag of notes to buy precious things. During long journey it is really helpful. But everything has advantages along with disadvantages. We all know about the cybercrime, which can hack our transactions and steal the money. With this we also have certain problems, like in the native villages everyone doesn't have access to internet and technologies. So for them it will be very typical.

Yes, I am in favour of digital payments. But everywhere digital payments are not eligible. They are secure because there is no chance For loss of money, there's no chance for theft also.

In my point of view, digital mode of payments is very beneficial for our country especially for those who have know about it, but on the other hand we could see in rural areas most of the people are illiterate in our country, they don't have aware about it and that why they have fear to go digital mode of payment.

According to my point of view, Digital payments are secured as we need there are several reasons.

1) In India, many cities are not developed so the mentality and need of people is to stay on the cash.

2) In India, many small-scale businesses are they need cash to conduct business.

3) And "Yes" in India many villages are who do not aware about digitalization may be due to lack of Internet and other issues so they also like cash.

But the conclusion is if we want a developed and uncorrupt country we need Digitalization in everything not only money even bringing change in the mentality of people.

It is a good thing. Digital payment is secure for the Indian economy. In India, banks have their own security system which are not hacked by any hackers if it is wrong then to see these type of cases Indian government must take a bold decision. And it is not any problem of any customer off any bank it is a problem of bank because bank take responsibility to make your money secure.

Yes I agree "Digital payments are enough for cashless transactions". But In internet security is major issue. By Lack of security, utilization of Internet services is impossible. First of all our government Should improve the security standards. Then implement the digital payments strategy. Otherwise pepole will face a lot of problems while digital paymenting. Now a days cyber crimes also increases day by day. Our standards should be like challenging cyber crimes.

Hello everyone.

Digital payment will be a boon to our society. It avoids corruption which is like a disease affects most of the people. Mostly poor people's are affected by this corruption. So, inorder to make India a Democratic country, digital payment will help. But it is important to make a village people having knowledge of online facilities. So making digital India will give a solution for corruption.

Hello friends,

From my point of view, digital payment is good because India leads behind our PM MODI JI and our government work behind digital security almost thousand of IT people hire by our gov and solve the problem of security. We people only support our government decision digital payments.