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

I agree my friend point, digital payment is not suitable for low-class people because they don't have such facilities like smart phones.

In my point of view, those people are struggled a lot because of digital payment. Village peoples are can't be adapt for this situation. So this is not suitable.

Hello everyone one,

I'm against this thing as India is a developing economy we don't have enough or say trusted sources which we can rely upon.

Moreover, we don't have enough Internet access to certain places in India. People still are living in an era of 2G, not even 3G, so we can't even think of 4G, which would naturally be beyond their reach.

So no digital payment methods, more use of cash which would lead to an increase in Black Money like situation.

So lesser the use of digital payment methods, lesser will be the technology which can secure our transactions.

More the use of it, newer will be the techniques to defend the frauds.

Thank you,

According to me, any technological implementation takes time, but its a good initiative by government (not in support of any party). Digital payment cannot replace cash payments, they can run parallel, though. If you want to run in a race you have to first jog, the same thing applies here. If something is well implemented on national level please support those because it is taken in the interest of people.