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

Hello Friends!

According to my opinion, this is the most amazing idea also one of the greatest methods to develop our country.

Although, 1/4th of the people in our country is uneducated and unaware of using digital payment. But we can make an app which is having animated symbols or characters that guide them to go for digital payment.

Initially, it should be an optional method like now but after some days it should be a compulsory method.

Thank you.

Hi, I'm Datta.

Digital payments secure enough for the Indian economy to go cashless only if we youngster actively participate in awareness programme and targeting same with the illiterate peoples, villagers, senior citizens up to the ground level and boost their confidence. If we all feel it is safe and accurate then digital payments are obviously secure, because digital payments are our future we all must accept it and to do better for tomorrow.

Yes, I think digital payments are secure for the Indian economy because all experts persons are knows about its merits and demerits and how we transact on it.

I think Digital payments are secure only if we use it with awareness and This is good to go for cashless but the government must make awareness program and the public should take it seriously.

Hello friends,

Digital transactions are really helpful but it can be prone to hacking and scamming. We should spread awareness about privacy and security first and then ask someone to do what they prefer most.

Every thing have some merits and demerits in this world it is also like digital payment which has made our life so easy we don't have to make any queue in bank, bill counter or any movie ticket counter we easily make payment at one click. But this has led to increase in cyber crimes at peak like hacking of password of customer etc it is good concept but need strict organisation to handle cyber crime so that we can flourish towards cashless economy.

Hello everyone,

I am Gargi, in my opinion, In India, it is not the right time to go for a cashless economy. There is some strong reason behind this.

First of all, there are many online websites where they save personal information about the customer like location, contact info, card details. And most of its customer is not aware of that. There is always a data breaches news in media. Recently, that happen with Bigbasket, an online grocery shop. Secondly, In Indian, Aged people and are not that much friendly with digital interference, most of the time they need support from other family members to use a smartphone or make a call. In a case like, if an aged person lives alone in the house, it will be difficult for him/her. In a low-income group, their life depends on daily wages, so, it will be a problem to pay a small amount of money to someone.

Most of the rural areas have an uneven internet connection, so, there is a possibility of being failed in a money transaction. Also, in tribal areas, most of the family have no bank account. And, in the COVID pandemic, there is too much cybercrime related to digital payment or others.

So, in my conclusion, I want to say that there is a need of proper infrastructure and security for implementing the economy cashless.

And Thank you to all of you to drop my opinion. Thank you.

Hello everyone. today we are going to discuss digital money. Digital money is the type of money in which we have no money in our hand. I will say it good because we are living in 21 century where everything is digital and by this digitalization,that we can save paper and thus we can save trees and can give a better environment to our next generation. And today as you know we are facing a big problem of Coronavirus and it is contagious and by using paper currency we can increase no of cases. So digital payment is safe for everyone as well as the environment that's all it from me.

Hello everyone,

Today we are talking about digital payments. It is exquisite for us to go cashless because we can transfer money in any corner of the world in seconds but the problem is that there are still lots of people in India who are not adept enough in digitalisation. So according to me, it's not the right to go cashless, India is still developing in it, it will be challenging for us.

Thank you.

Dear all.

Digital payment is really very easy and simple way of transaction. But we need to good knowledge about this digital world. We have no any issues related to digital payment If we have good knowledge about online payment.