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

Before advancing towards the digital payment we or govt must ensure that basic need of information for digitalization must be spread with proper agenda and ultimately to ensure that digital payment to be used by most people govt has to initiative towards the education and employment which plays the basic block for making India DIGITAL INDIA.

Hello, friends!

I disagree with the complete digitalization of payment. There are several reasons of my disagreement. Remember I'm telling complete digitalization. Our major population lives in village and as we all know that most of the villagers are illiterate. Even, many people don't know about banks, computer. It is hard to believe but it's truth. So what government can do is that they can drive awareness programe across all over the country specially in villages. They can show videos to the people by which people will come to know about technology. So my point is before complete digitalization of transections there is utmost need of awareness programme. Secondly, our it infrastructurr is not so much robust in comparison to other developed countries. There is prominent chances of fraudulent, hacking etc. So first of all what we need is to robust our it sector. But, I agree with partial digitallization right now because it saves lot of time, get rid of corruption like black money throuh using online mode, no need of third person.

Hello friends:.

By my view, Digital payment or cashless payment is accepted. Somebody says is not easy for village people whose not educated, then how the are buy an online product for multi websites, simply the online shopping reach most of the areas in India, according to this when we implement the DP to them, they will easy adopted with in some days. They will easily to learn the procedure. But the main draw back is our network speed and security system.

Hello friends,

According to my point of view, India is a fast growing country and digitalisation is a good idea for the Indian economy. It has a lot of benefits like we not have to go bank for any kind of money transaction so it saves our time. We do not have to carry money. A Lot of papers are used to make money so in cashless India, we save papers so our environment also gets benefits to it. Most of it when we use this technology, the Indian government can properly observe tax payers, corruption, black money, fake money are reduce gradually.

But the problem is India has a lot of population illiterate, they are not familiar with this kind of technologies, basically, they scare to this system so Indian government Take a step to educate them first.

I think that Indian online system is not fully protected or secure because lot of cyber crime, cyber hacking are happening so government Should take initiative to make strong online system.

If those problems are solved then India is ready to go cashless and it' also improves economy a lot.

Thanks.

No, as per my view, being cashless is not an option for development because India is a country of common people, who are still struggling to get smart phones etc. Certain places like rural areas, the majority of them don't HV money in their accounts and if you want to buy a 10 rupees veggie you can't struggle with your net n account at that time.

Hello friends,

As we know, all that our India is a fast growing and developing country. Now people have good skills and efficiency as compared to last few years. Science has been deployed on everyone's life. Everyone getting its advantages directly or indirectly. Cashless is also such trends. It gives good impacts on everyone's life. People are changing according to science as it grows. Let me tell you an example regarding my fact.

Suppose a man having ATM card can't take advantage of it till he has a need of it. If he has cash in his pocket than why he use ATM. But ATM is a good thing it provides security, portability and relevant ways to pay and check the balance. If someone tried to manipulate you at ATM Machines than we can lock our ATM card also.

No need to keep a lot of money in a pocket just go through your ATM. There is no need of any mobile phone, no much knowledge. But he is also getting some important knowledge about science. Peoples works for 8 hours as a labour and earns some money vie hand if he has money in hand his mind alternatively enforce him to purchase it although he has no need of this very thing. But if the payment will be done via account then he can collect all money and expense in good works.

There may be also some bad consequences of go cashless but it changing the daily life and making our country growth full, developing and strength full. We can handle some little problems also rather than thinking about the people those are unable to go through cashless we should teach them, about the science and cashless technology.

Thank you.

I think that digitalization is secure but it is not possible to go cashless at any stage. The poor and uneducated people can not handle this. We can try it on our own level and make changes in someone life but it is not at all for go to cashless especially in small purchasing.

In my perspective digital payment has both advantage and disadvantage like a coin because India is not fully having literate people there are so many villages people those who are illiterate people. At first, we should help them what really cashless economy and what does did. The Government should give education to all people so that our India will become literate soon and then we install that display system it will best to all and therefore there's no corruption. It's our duty to give more awareness for this. The Coin has both sides like that cyber crime should be there so we should install so many cyber security systems to alert us. If we did all this definitely India will become one of the top most economical country.

Yes, I think it's secure and it is improving security if all Indians are using the digital payment system that is making strong India economically and our vision is that to make India powerful country in the world. And the other thing like education it is not the problem for digital payment system where today everyone is having the smartphone and this is the only requirement for digital payment.

In my opinion, India is a fast growing country and digitalisation is a good idea for the Indian economy. It has a lot of benefits like we not have to go bank for any kind of money transaction so it saves our time. We do not have to carry money. A Lot of papers are used to make money so in cashless India, we save papers so our environment also gets benefits to it. Most of it when we use this technology, the Indian government can properly observe tax payers, corruption, black money, fake money are reduce gradually.

But the problem is India has a lot of population illiterate, they are not familiar with this kind of technologies, basically, they scare to this system so Indian government Take a step to educate them first.

I think that Indian online system is not fully protected or secure because lot of cyber crime, cyber hacking are happening so government Should take initiative to make strong online system.

If those problems are solved then India is ready to go cashless and it' also improves economy a lot.

Thanks.