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

Hello, everyone! I agree with my friend Ali,

I can say some thing problem has created in every steps which goes to best field. I know we are not devlop as much as like china, us. But initallisation of good thing is not bad, I know it is not easy but does it means that we leave it. Our 25% population is arrogent who is not believe in this type system. There are major problem in front of us whose should be try to over come it. India is not completely ready to became cashless. But if users use this type system very smartly then problem will be short out.

Whatever digitalisation take place there is always a respect for papered currency in INDIA. So wherever one roam around in our country it will be more secure with a little of solid money in our hand which is a sign of confidence and safety for common people.

Thank you.

Hello, everyone,

I am Sujit. I would like to talk about this topic that is digital payments secure enough for the Indian economy to go cashless?

As of now most of the people are not educated in India. So it will be difficult to make them understand that how important it is. Most of the people are using internet for entertainment but they are not interested to know about India means what is happening in this world and how they can crack their life from this hectic world.

In India there are some villages, there is no electricity yet. So it is very difficult to say about the cashless economy. Day to day India is using the sate of the art technology but still because of other countries India is facing more problem for cybersecurity.

At first, India has to give focus on rural areas where people are not educated and make them understand what is it and why do we need to know and what happens if we will be doing.

Yes, digital payment is a good step for the development of the country, it makes an easy way of banking through internet but there is a very big deal that most of the rare areas where people don't aware about that. First thing is that government should provide a better infrastructure about digitalization.

Another thing is that not only government, we must participate to aware the people.

Yes, the digital economy is very safe and secure. Because corruption of the nation Will come to end. The Government should bring awareness of it. Many people do not know about digital India. They can advertise in t. We channel to know about the cashless economy to village people.

Hellow guys.

According to me, it is very necessary for any country economic. According to me, it should be spread all over the country. Degitialligation saves our time. It also saves our environment because the use of this we can save more paper and trees. But we know that it is not easy to spread fastly in a whole country. Because now some rural area's people do not about it how to use. It main difficulty to hacking but the government should tell about it to rural people. By using digitalization people can save time. A farmer can also save their time and they have no fear to lost money. And they can also know about a scheme of government.

Thank you.

Digital payment is a very good initiative by our government It is secure enough for the Indian economy to go cashless. It is a quicker process of transaction. Otherwise earlier go to bank carrying money is a very slow process. In some serious issue we can make payment so quickly. In some rural area people don't know about digital payment. So they don't feel secure. If govt take any initiative to teach them about that. Then that process is awesome.

Mode of digital payments have been enabled in India with a perspective to curb against the black money, to reduce corruption, to stop black marketing, to enable effective tax regimes but that doesn't actually works just because in India people's know how to exploit the opportunity they always find the loopholes against every government actions. Moreover the action they initiated they are not able to make it in process in effective manner due to lack of management and effective technology. No doubt it's been an effective move by the government but the results are in a long queue to come in actions.

Definitely not enough. Even though our Government introduced the cashless system, there are many flaws in it. One of the threats to it Hacking. Black Hat Hackers are increasing day by day. Their main aim is to target these type of systems. There are very few cybersecurity officials in our country. So, we need to focus on cybersecurity first and then only we have to implement these kinds of changes.

Hello, everyone.

First of all, the topic must be understand that whether the cashless economy is contributing a lot in economy enhancement or not.

According to my view, there is an issue of 40% /60% i.e. the 40% of the people who actually part of digital economy contributing to its 100% where as those 60% people left contributing 0%. Those who are found it hectic in indulging themselves in long digital term process find it extra time to take than a direct mode of exchanges.

So those 60% people will get substracted from their economies digital contribution which was not in the case before.

The demand of the time us to increase the facilities, not the standerd. Facilities when grows up standred automatically grows.

Digitalization is giving a very good impact on India 's image on the world market but its like you are making them to see oy the outer shell. Whereas the strength comes from the inner toughness i.e those 60%.

So according to my view, these should be the level of digitalization.

Information.

Facilities.

Reduced cyber crimes (so that people can trust).

Reduced process.

Actual implementation.