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

Yes, it is good to making the digital payment for India but this is good for those people who know very well to do online transaction or know to do work on internet but most people who are very poor or which have not smartphone or any device to transmit the payment by online processing then how can they do that work? So, first of all, we will improve our generation and will tell them about the digital payment transaction then it is able to make the good system in our India.

Yes,

One can accept this type of payments.

To secure our wealth from stealers.

Nowadays, rural people's suffering from digital knowledge like online transactions. Etc. Due lack of that side.

Recently, Ban of 1000&500 notes we have to know. At that time paytm has spread out their services in rural areas to expose online transactions to peoples.

So, digital payment can improve Indian economy somewhat better. Due to half of the people in India has illiterature.

Thanks.

In my opinion, digital payment is more secure than cash payment because there are many problems occurred during cash payment like stand in a queue (line) steal the money by thief etc.

Digital payment increases the economy of India. To improve the digital payment first of all government should take some step to increase the cyber security and awareness the rural people about digital payment and provide education in a low cast so that people get educated and move towards digital payment. Demonetisation increase the digital payment. Digital payment growth the economy of India.

Thank you.

Online tarnasation good way to buy, sell and deposit, credit it's good way. Its a secure according to me how means it takes less time and full security if they knowledge how to use app, and nd we have to train our ppl how to use it, its well secure as compared to cash though hand,

Well, the two basic necessities to go cashless could be -.

1. A smartphone.
2. Awareness or the knowledge to use it.

The first one has already been accomplished to a point by JIO. With the attractions that it gave for literally no cost, made many to upgrade from there "keypad phone" to a smartphone. In a country like India where we need huge celebrities like Mr Amitabh Bachchan and Mr Akshay Kumar to tell us to use proper sanitary facilities, I think this upgradation that Jio made us do was a milestone.

The second milestone left is now the knowledge to use that phone. !

As far as the topic is concerned, I'd say India has already begun its walk to go cashless one day. From every little to a massive vendor. 'Paytm' is a constant. This indicates that at least the new generation is already in a phase to go cashless. And why not, it's actually pretty convenient not to forget our phone than cash when heading out. It has obviously made things easier.

Online transactions are pretty secure but with some conditions applied*.

These payments are to a point very secure if used properly. Anyone with even 60% knowledge of how to use online transactions would never be robbed or hacked. It's the people with no or very less knowledge who falls into the trap.

The problem is not with the security of these payments but with the knowledge to perform them.

So what we need is. To impart knowledge to the elders and teach them the way to use it With this. Not today but soon India would go cashless.

In my opinion, digital payments are good because we can securely transfer money to our devices in the home, through accomplishing the digital payments method it will help many people who want to transfer money securely.

Yes, an online transaction is a good method.

Online transaction is a good way to initiate the people of India is developing Country. Thus, online transaction saves a lot of time. But illiterate people which belong to rural areas they are not aware of this development. So, we should awareness be given to all of the people. And learn the function of online transaction.

Digitalisation is good for our country. But what about the illiterate people? How will they know about digital payments and about its security? Only the techies and those are using smartphones they know the online transactions. There is a big question that "do they know what they are using that are not capable enough to secure from hackers perspective?" So digitalisation payments are good but have to be secure.

It is good but according to peoples of rural area is very difficult to do. To overcome this we can create awareness for them.

Yes, I agree that Online transaction is good for Indian economy. As India is a developing country it is good to take such initiatives. It saves a lot of time. But we should not forget our villagers and backward people who don't know about online transactions. And cyber security is also not up to mark. So better security for online transactions and awareness among whole country would give this idea more success.