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

According to me.

Going cashless is one of the few steps through we can achieve digital India concept. Everything in this world has pros and cons and we should see that what can be achieved from that step. Making digital payments is one of the best ways to get rid of corruption. Earlier there was a ad from govt for taking the bill because that way no one can skip from paying the taxes which is the base of development of a country or state. Nd by going cashless, everyone is paying the taxes. And there is less thefts issue due to not carrying the money in purse anywhere.

Nd about security purpose there will be hackers. Nd there will be ones who will protect us from them. And security can be improved by hiring ethical hackers.

So I m concluding that we should use the digital payment to develop our Indian economy. And they are secure and I PERSONALLY use digital payment for my recharge, orders etc.

So it is safe enough to go cashless.

In my point of view, it has both advantages and also disadvantages. If we go cashless it is easy and time-saving and energy saving but nowadays there are many hackers in the internet world. They can easily hack our details to overcome this problem we need to provide highly secured websites.

I think for me digital payment has introduced a new era of technology especially in India, and I think for Indians point of view they are excited to transfer their money without any security issue, I know nothing is secure but if we want to rise our country in fast mode so we need to adopt the new mode of payment which we call digital payment.

In this 21st century where make in India and digital India all play a very important role in the transformation part of the country, we need to give more stress on the part of SECURITY, is it secure enough for the economy to go cashless?

Going cashless is the trend, doing paytm, doing a wallet transaction thats considered as important and easy too.

But we want to remember is regarding the fraudsters behind this online wall. Who can easily crack our online credentials, before we knowing about it all our money will be transferred to Malaysia or Thailand. Most people in India use mobile and computers without proper antivirous and security system which make themselves as prey.

Technology is also not that great in India, but its improving at a good phase, thanks for the techies behind it. If the right and proper technology is not used then it is easy for the online fraudsters to crack and win the situation.

If you want to go cashless make sure that you have the right technology, right security system then go a head. But that is the major issue we face in our country.

According to me, yes it is a secured method, digital payments do not involve only payments through mobile phones over the internet. As we know, today almost 70 percent of the population is having their debit card or credit card or accounts in banks through which digital payment can be done anywhere via card swipe machines etc. Which are available almost in every shop except a little bit less in rural areas and these payments can be done by illiterate people too as it involves simple and secure steps.

According to my point of view, Indian economy will not work as much smoothly without cash because even now there are many places where internet connectivity is not available. That's why it will disturb their way of exchange.

Hello everybody, As we can see that nowadays every payment is going cashless even the retail storekeepers are using cashless payments.

According to me, cashless transaction is good because it reduces corruption and black money and also the transaction is faster.

Everybody in cities are having smartphones and internet so they can secure their payments, but people in villages and rural areas they don't have much knowledge about internet, if guided properly they can also secure their payments and make India a corruption free country.

Hi friends.

To my opinion, it's a very good idea to be cashless for our country. Just think you have only got your mobile phone in your pocket, no wallet but you have money with you on your mobile phone yeah it is a good feeling, No need to take care of hard cash.

Digital payment, its not only the easy method to pay bills on one click but safe also. It is always difficult to carry huge amount with you but digital payments made this easier, moreover, the people of rural areas will get to know about new technology how to debited the money how to credited the money to your account. People do not need to give any explanation to the government about the money because all the money would be white. The digitalisation will be made everything easy for everyone just people need to be aware of this.

Good morning friends, we have a good topic for discussion: digital payments secure enough for the Indian economy to go classless:

Yes it's secure, and it will keep the record that is who is sending money and who is taking and who is given so that it helps to reduce growing corruption in India.

I t reduces the time, to do the transaction, as it is digital we can transaction form anywhere in a globe.

And provide security also, because of its only transfers the money after the validation.

Good luck!

Yes, I think it would be a golden step taken by government when we think about the digital payment, many of people are unaware from digital technology but through this step, it must be aware from that and it improve the mentality of people as well as it also effects on our economic growth well.