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

Hello everyone,

I would like to say in favor of digital payments. It would be a great initiative if our govt successfully implement it all over India. People in urban areas are ready for it, I know they will not hesitate to make digital payments but the problem arises in Rural areas due to their lack of education but we can resolve this by giving them proper awareness and education.

Advantages:
I) you can make money transactions with little effort or difficulty.
II) it will give various discounts for various money transactions.
III) it has lower risk etc.

Thank you.

Yes, cashless payment is mandatory for all the people of India, because India is a developing countries we have the responsibility to convert it into developed one.

But first of all, educate all the people about cashless payment.

Hello, everyone.

I think it is great to step towards a developed nation, but first of all, we have to check our education system.

Because most of the people haven't any account on Paytm or other transaction apps. They don't know much more about them, so how we can say that it is enough.

Hello, everyone.

As we all know we are in amidst of corruption, terrorism and so many of such insecurities.

If we look deep. We will get to know all these insecurities generates and are caused by the power of black and fraud money. If we ban all such fraud money we can organise our country in a better way, the way which is free of corruption, terrorism, and day to day robbery cases.

Yes, I know that our 60-70%. The Population is in the rural area they don't know how to use these gadgets but I also know there is an urge in everyone to see an easy going, developed India and for that urge we are exceptionally able to do the impossible too. Hence we can go cashless if we really want to.

I think cashless payment is necessary for our India because people are busy in our life they don't want to go outside for transaction and others. If we can do digital payment then people work is easy and secure. We heard so many news that corruption India. India is most corrupted country. So this step is good for our nation. If we talk about hackers then hackers want to any security breaks but if we do carefully digital payment we can stop hackers idea.

Hi!

As per my opinion, one person can not tackle 1.34 billion person. If a system is launched then it's our responsibility to support that system. Digital transaction is for all so we to spread it as soon as possible.

There is lots of application for online transaction which give better Cashback also,

So peoples which go through online payment should make learn to illiterate people's.

For example:-

One to pay online charge for mobile, bill, shopping etc. By one's account for them and tell them about system security.

One man can not teach all so we to deal with them.

I surely saying that the India's economy growth will be UpTo 8% in end of 2017.

It is good to under stand that it's very difficult to take decision but very easy to go against the system.

I knew that people have tendency to search holes but we to be human* and fill those holes.

I m requesting to all please to support the cashless system, surely the next 2-generation will beneficial by our decision.

I think it ought to be linked with the social sites like Hike, Facebook, what's up etc. B/c people spend lots of time on these.

Please support cashless transaction.

Hello, Everyone.

My opinion is that we should go cashless. Because using online payments we keep traces of the every transaction. That's why government should easily keep off the account details of the peoples. So everyone has to full tax. This can increase the Indian economy. So government makes all the money various scheme. So it helpful for us.

According to my view, Digital payments are very safe if you know the process exactly. Nowadays everyone using smartphones for surfing social networks etc. But if we look into deep both literate and illiterate people will ask everyone how to use this app and sometimes how to take a picture also. I think everyone faced this scenario. Imagine if you ask that person to do digital payment.

The first question he will rise is how to do?

So, Government has taken a good initiative by making India cashless. But the main thing they have to do is awareness of digital payment and how it will be beneficial to the society if we go cashless.

I thing the digital payment is best way and improve in safe security must. More than people like digital payment easy to way.

Hello friends,

In my opinion, this is a very great move of Mr. Narendra Modi to make the India digital. Our country is in the crying need of this. As we people are suffering from corruption, terrorism, poverty. I will say this is required to make our country digital. We know everything has its two aspect positive or negative.

Fist I will go for positive aspect.

1. It will increase the transparency in the economy which can avoid corruption, as the government will have the knowledge of transactions and account.

2. Help us to fight the terrorism because they will not get funding.

3. Our money will be more secure, we need not worry about the robbery, pickpocketing.

4. This will save our time as transaction takes only a few minutes, avoiding standing in the queue of the banks.

5. Also help us to fight in bank robbery, which causes a huge loss to govt.

Coming to the negative aspect.

1. As India consist of 60 % rural area and people of rural side are not educated enough to do online transaction. As the Modi govt has launched many campaign and programme to make them educated regarding this.

2. Many people are not aware of internet banking and transaction, sometimes this leads to a great loss to a person.

3. Now a days cyber crimes are increasing like hacking account, stolen password because our websites are not secure enough. So first we need to make our sites strong enough.

But I think this will be the great and relevant initiative in the development of country, making it strong economically. This will lead us from developing country to developed country.

Thank you.