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

The topic for our discussion, are digital payments secure enough for the Indian economy to go cashless.

In a society like ours people are well aware about the using of digital payments, and yes they are helpful for us in many ways, it makes our work easy and they are secure but, in my opinion for a country like India it is not yet possible to go cashless as, even though majority of people are well aware of digital payments and how they work. There are still people who don't know the ABC of digital payments and how things work with it, so I would say no, maybe in the coming future but right now India is not ready to go cashless.

Good afternoon to one and all,

In my opinion, it has two sides that is positive and negative. Inmost of the case, we don't want to handle with cash, when we are travelling, through digital cards we can done cash payments for necessary things, it is an easiest way for us, In some other cases it is not secure for us, the hackers can hack our details through these. It also has a limit for using the digital payments.

Hello friends, my name is Binu John.

We are discussing the topic of the digital payments are secure enough for the Indian economy to go cashless?

In the present condition has to go the cashless payments are the relevant factor in the economy. All transaction has been changed to digital payments for secure and timely transfer of money.

In my opinion on this topic was to improve the efficiency of the network and provide more security on to the cashless payments.

Good afternoon everyone.

According to me, digital payments are secure enough. Each one of us had made digital payments and it provides convenience for us. There are various technologies which ensure security for digital payments. But we should be careful while dealing with our digital transactions or payments.

In my point of view, digital marketing is something that is important for an upcoming generation. More on line banking transactions can be done from any part of the world. For every people it may not be easy but if digital India comes that helps us a lot. There are pros and cons for using this, but as per todays generation more on line banking transactions, on line shopping can be done.

Digital payment is good for our country growth. Introduction of digital payment is good but first of all gave proper education about this especially in rural area people. Most of the people are not aware about digital payment system. It will help to reduce black money.

Hai friends.

The digital payment system idea is very good. And very safety and secure system. But our Nation is developing nation the all areas not develop only metro cities and town and cities are only applicable the system. The rural area and middle towns are not Internet connection and proper electricity service not provide. The only cites used.

My conclusion is digital payment system is very super and secure. And Essy to payment and transaction steps.

Thank friends.

Yes, its absolutely true that digital payments secure enough but some points also we have to keep in mind such as hacking of bank accounts, cyber crime, also think about rural area's people they are not enough matured about technologies.

Hello friends,

I think it is not a good idea to go completely cashless depending on digital payment as our Indian population in the rural area is 68.84% and in an urban area is 31.16%, this shows that ratio of rural area people is more and as there is less awareness about the technologies among the people in rural areas this may lead to wrong or improper transaction and this cause problem to them.

According to me, digital payments secure enough if it upgrades because most of the in a family of 4 or 5 people there is generally 2or 3 cards so can everyone should participate, and in the relaxation in tax up to a certain amount so that people participate with their interest.