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

Yes, I agree that going cashless is good for the Indian economy and they are making some try to make it by using digital payments. It reduces the black money. It also reduces our time. But it is not totally safe. So we have to improve security in digital payment and win the belief of customer that it's safe; speedy and best way to the transaction.

Yes, I think must be there it have many advantage:

1. It saves people's precious time.
2. It also represent our country advanced.
3. It also reduce robberies.

Yes I'm also in favour of digital payment it takes less time and safe payment for a consumer. But this only done by educated people not all of them I mean to say that like poor and uneducated Person they are not using or healthy use of digital payment so government should organise a group to learn poor section how is good digital payment and what type of benefits for this. When every citizen of our country use digital payment and many more things then this will be the positive.

I think digital payment are easy to perform, but still now in India digital payment are not fully secured because most of customer loss their money by cyber crime or cyber hacker attact, no doubt digital payment are time saving but to perfome this transcation one can khown how to make it so every person must be litarate with digital senerio.

Hi friends, in my point of view digital payment is great idea but many peoples not aware of any digital devices so that government Have to initiate learning environment to those areas who are not aware of digital devices and also govt should give complete responsibility to money if any illegal activities like hackings govt provides this all means definitely Indian govt will reach top in world.

Yes. Digital payments are more secure for the Indian economy to go cashless. It reduces the corruption. Black money will come out and it helps to improve Indian economy. For bank transactions also we don't need to stand in queue, we can do our transactions online anytime and from anywhere. So, for developing our country we should go with digitization and we should form a ''cashless society". And the villagers and other people who don't know about this, we should tell them the importance of digitization so that they can also help to make our country corruption free and they will also get benefit of this.

Thanks.

Yes, I am in favour of this because most of the digital payments barring the cryptocurrencies leave a digital footprint which makes it easier to track the sender and receiver in case of any discrepancies. Indian economy relies heavily on hard cash (physical currency) which results in corruption and other cases of fraud because most of the time they do not leave any paper trail. So digital payments is a reliable system for cashless transactions from the security point of view. From the consumer point of view, it is a hassle-free system because most of us have credit or debit card (plastic money). But yes certainly there is a need to educate illiterate people about the digital payments and their uses. I think the rural banks such as IDBI and other Grameen banks can take the initiative to educate these people.

Hello, friends.

Digital payments are not secure enough for Indian economy to go cashless because in India number of illiterate population is more than literate population, so many of the people are not aware of the technologies, so they even don't know how to pay online, and for that we need to aware them regarding online payment system, the banks would likely to give education to them, as there banking business will also be enhanced and it makes Indian economy developed as well.

Good Morning to all of you.

I am going to give you a small point of view on digital payments. Digital payments is good for those who have knowledge in working with the digital world like operates the mobile phone, laptop, and many handheld devices but for those who are aware of digital world. How they come to know about the digital payments. Indian economy increasing day by day no doubts. But the government should take initiative for providing a learning environment in villagers area and in those areas where no one is aware of the digital payments. This is the best way for making payment digitally from this security level of pay increases. In the last but not least I want to say that please aware to those people who have no knowledge about the digital payments. If possible. Through this Indian economy may increase in a frequent way.

THANKS

I think digital payment is may be secured for our county. It's a good for a present time & also will be in future. But sometimes many people cheated to innocent peoples because they have no idea to operate payment app & also sometimes server problems to slow internet speed is a huge problem because sometimes my payment was not completed & withdrawn money in my account & waiting to refund for 4-6 days.

So, I think its a secure but refund will give be given within 24 hours.