Are digital payments secure enough for the Indian economy 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,

I think the technology is the trademark of modern era. It has made us efficient but as well as lazy I some way. I don't think its completely secure as it can be hacked or be prey of phishing. But people should make themselves aware about these type mode of e-payment systems inorder to avoid discomfort during making various payments. It also reduces people tensions and frustrations because they don't have to keep their respective money in their hands and taking care of it. It has become easier to book various tickets via online. So, in summary, I would like to see people depend on online payment methods but also be careful while visiting various websites and to make their information confidential.

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.

In my point of view,

The digital world is the one of the fastest growing area in the whole world, In India The Digital India programme is a flagship programme of the Government of India with a vision to transform India into a digitally empowered society and knowledge economy. "Faceless, Paperless, Cashless" is one of the professed role of Digital India. As part of promoting cashless transactions and converting India into less-cash society, various modes of digital payments are available. Digital payment methods are often easy to make, more convenient and provide customers the flexibility to make payments from anywhere and at anytime. These are a good alternative to traditional methods of payment and fastest up transaction cycles. Post demonetization, people slowly started embracing digital payments and even small-time merchants and shop owners started accepting payments through the digital mode. So I support for the digital payment system in India.

Hi friends,
In my opinion nothing is secured fully.digital payments are useful and comfortable in many situation.but we cannot depend it or trust it fully.so it is better to use digital payments partially.
in small scale industries digital payments are not practical at all. in such case we must depend upon the cash payments.cash payments are not secured.
simply both of them have advantage as well as disadvantages. so it is better to us digital payments and cash payments partially

Hi, Good evening to all, in my point of view, the digital payments are secured than cash payments. Because nowadays we are changed to digital India. So digital payments are helpful for people to secured their money in their bank account and easy payments with anyone around the world. So it is very helpful for all peoples in India. Thank you.

Good Morning,

India is a poor and less developed country. Digitalization is only partially possible. Poor people in rural areas do not have access to computers.

Thank You.

Hello everyone.

My opinion is that digital transactions are secure enough but these can't make India as a digital economy. As we all know the high population of India only minority people are doing these type of transactions. And the people having basic knowledge regarding these online payments are only quite a small number. When majority of people having the basic knowledge regarding online transactions and digital payments only, it is only possible to have the cashless economy.

Hello everyone,

Digital payments are not very secure because today data and informations are leaked or hacked by many hackers which makes unsecured to the customers. It will help the customers only if the technologies becomes more secure. The economy can only grow if the govt reduces or decreases the cybercrimes.

Hello,

Digital payments is a good initiative to cashless economy, one of the best way to access money and secure but government must take initiative to teach uneducated people about this and make them aware about this facility.