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

At present, digital payments is secure & achieving new success every day if you see increase use of app in urban man life is phenomenal & you can connect the success story with the digital payment gateways, Yes digital payment is need of hours it make life easy for the urban educated men. But considering our 25% GDP coming from agricultural which don't have infrastructure & know-how for the digital transaction. And considering Indian literacy rate is low & there are seniors citizen who have very less exposure of digital payment & Indian villages where majority of population leaves they are very prone for digital transaction fraud & our majority of Indian people are not prepared cashless. So, it better to wait for & trained people for a digital payment gateway.

Yes, digitalisation is good. People can do digitalisation by sitting in homes with the help of smartphones but a country like India there are some poor people which cannot afford these smartphones. As there are some people who don't know how to use smartphones also so it depends.

Well according to me, we should look after both the faces of a coin. I completely agree that digitalization is good but everything has its own pros and cons and we could not neglect it. THERE are many benefits of going cashless as we are directing towards becoming a smart India. We will face no problem of change. We will be able to complete or work just by sitting at home via our smartphones but from here the problem starts in a country like India it is not easy for everyone to afford smartphones. One cannot say to rickshaw pullers bro listen I am doing paytm to uh. So digitalisation is good but it matters at what stage it is being established. So after keeping everything in mind, I think we should jump to conclusion.

Generally, many facilities, many places are digitally signed with online payment acceptable and approximately all the peoples having a smartphone also. This is the best kind of line to developing our digital India.

Yes, I think digital payments secure enough for the Indian economy to go cashless. By doing digital payment one can save his time. And there is no need to handle cash, all records of your transaction will be maintained securely. This entire thing will put us in the list of developing country. This will take India at certainly high-level & will make India smart. In rural places, people are not aware of these things they are doing their things as usual by standing in a long queue for a long time n sometimes it happens that they return with empty hands. Awareness among this people should be done by each of us. Only small part of our country is using digital payment mode. For rest, Digital campaign will help them.

In my point of view, digital payments are very good initiatives. But our country is a developing country. In rural area, most of the people are uneducated and poor. They don't maintain their daily needs. For them how is it possible to recharge an internet pack.

In a rural area, the network connectivity is also very poor. So our government solve those problems first.

Due to rural backwardness or some unawareness, we can't prevent good things to come in our life. That can be removed by taking some initiatives by the Indian government, this is 21st century and it is necessary for everyone to be a part of this cashless economy because it doesn't only provide us facilities of easy transactions, records of every transaction, but also put our country in the queue of economically developed countries.

Yes, it's one of the changes that will ease as well as secure our lifestyle in this modern world. With digital payment, we won't face pickpocketing, change problem, money shortage (as we can instantly transfer money from bank), overused notes etc. It also has records of all your transactions and is quick. Applications like mobikwik and paytm are presently most viral app used by Indian and day to day number of users are also increasing. It proves that digital payments are liked by most of us and thus successful and secure enough to go cashless.

Digital payment is the most important to all of us. Because we have no problem to carry huge money in the crowd. It's easy to use. It helps the knowledge about your account in every minute. But some problem that side is a hacker. Otherwise, it's too good.

Using real cash starts with the struggle to stand in queues for money and ends with pickpocketing in crowded public places. Introduction of digital payment methods has made it easy. Now, you can access your bank accounts on your mobile or tab and do transactions in seconds and every transaction is recorded which indeed helps people. There is no stealing of money by people around you. So yes, it is very secure. What we need to understand is digital payments in India has not been a big success due to unawareness and lack of education. The government should take necessary steps to make people aware and educate them enough to stand in this digital payments system.