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

I think it's not safe anyone can access your account login password and you can't see him and now you all of using WhatsApp that you can see many offer links in what's app and the normal people don't so much aware on web about the entire details and they are misusing with that details.

Hellow everyone.

I think it's a good initiative by our government There are a lot of perks of cashless payment. We get of rid of loose money problem that we usually faced in taxies and at ration shops, robbery problem by theif, burden of carrying money with us and so on. For the success of any policy, the thing matters is that how many people take advantage of that. In our county, the people in rural areas are not aware of these things. And not only in rural any person who is not aware of the security terms can do a mistake. Then they feel cheated. So, to make this great step to its peak govt should provide camps and campaign for telling the people how to use this, telling them how they can secure their transaction, how they can use it wisely and most important if anything wrong happen to them then they should never ignore that. They should file complaint in cyber crime investigation departments. Because if cyber crime is easy to done then it is also easy to catch the culprit. You just need to aware of your rights and your power. This awareness should be spread in our country so most of the people can easily and unflinchingly do digital payment and contribute in making our Indian economy cashless.

According to my point of view, Yes, the digital payments are secured enough for the Indian economy to go cashless. I have these views because if we compare going with cash or cashless methods, there is more security with cashless methods. Everyone has their own passwords or pins which they have to keep confidential and secure to make payments. But there is still lack of planning in the implementation of this digital India concept. Because many people don't know how to make cashless payments and advertising on T. V or in posters won't teach them. Some people don't know the security policies or they don't trust the cashless online payments. Also, there could be the cases of forgery and robbery by hacking, and there are many such cases but they are very less in numbers as compared with cash involved cases. Digital payments make it very easy for many people to do payment while making a blunder for some other people. The government should plan more effectively to make India digital by providing proper guidance to people about the use of digital methods for payments.

I also think that digital payments have nothing to do with black money. Those who are involved with black money can do anything to secure their money until the government took some Strict action against them.

In my opinion, digital currency is better than cash money due to digital currency we have a profit we can carry a lot of money in the pocket so I feel like that it's a very nice step towards digital India.

In my opinion, digital payments are not secured in INDIA as many people are not fully aware of the facts and usage of this method and govt is also not providing any campaign to resolve it, advertisements will not help in clearing doubts and enhance the knowledge of user rather govt should conduct seminars and workshops for better understanding. Digital payments are not secure since many a times server gets disturbed due to low signal connectivity which results in freezing of money of an individual which may affect the user. Also, digital INDIA is not too secure since forgery cases are too damn high as well as hacking is in its peak. To make it secure enough firstly all the measures should be launched and then digital payment should be instilled.

In my point of view, digital payments are secure enough as we all use ATM in that case we have given specific password which is only known to us so as that of cashless payments, in that case, we have to put a certain OTP which is provided to you and that is too applicable only for 30-60 sec. So it's a secure process as we see during demonetization period this cashless payment is very useful because at that time atm are fully dried. So during that time, various startups came into play. Which provides various features besides privacy although there are many cybercrime reports government is fully focussed on that and they are trying to control the crimes and nowadays government become more dependent on cashless payment because this can reduce the amount of black money and control the counterflow fiet.

At present scenario, our prime minister Mr. Narendra Modi is applying his lot of effort to digitalize India. According to me, it's a good step for Indians as it is difficult to carry money to buy goods from another state and We know that nothing is perfect in the world so neither the digital payment is 100% secure nor the cash payment because in both the cases chance of robbery is same. In case of digital payment, robbery is done with the help of cyber system which is called cybercrime and in case of cash payment, there is a danger of thieves and robbers but when it is a matter of comparison then digital payment is better than cash payment, there is no fear of robbers and its security totally dependent on the user. If they don't share their password, OTP and ATM's pin code to anyone and use secure wi-fi connection then cybercrime reduced automatically and digital payment system become secure and successful in India.

In My point of view, the digital payments are secure because we all use ATM and when to use ATM machine we are put the pin code and this code are only know me and my nearest family, and to use online payment then your mobile get an OTP on time password and this password is used in only 30to 60 seconds otherwise this not apply. Above small things of digital payments are secure but cybercrime is most danger in cashless payment but the government of India is think and work to prevent and remove this cybercrime and then to use cashless payments.

I think as of now it's no. We know cash to cashless is essential for the Indian economy to set the standard but in concern with the percentage of illiteracy in our country it's not secure And not everyone using a smartphone, even educated people are making mistakes by sharing OTP number and responding pop up messages.

No.

I think that there are many hackers who can hack our data so when we feel that we are fully secured then we can do cashless payments otherwise it will be harmful to us and we can be lost our money. So, I cannot say that we do not do cashless payments but when we do it we do it very carefully to secure our money.