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

As I feel as compared to other countries there are around 192 countries in the world and where we talk about developed countries most of them are digitalized. So, become aware of this fact their economy is also on d best position than India. See they have also security issue but in recent era, every prob has a solution and every activity has some risk. Because of only security issue, we won't adopt cashless payments, not a right choice. Every county had at their time resistance to change issue, Security issue but they overcome it. Same happening with India we will overcome all issue after taking into consideration of time factor.

From my aspect, there is so many advantages go go cashless. But I know in our country literacy rate is being so high and poverty rate to that's why many of Indian citizen can't effort the gadgets or they can't be understand how this can we word.

But the case of demonetization, intention should be good but infrastructure not good. Digital payment is good because you may easily transfer the money at instant or very secure medium for payment. But this was all happened when our people will debate about how this digital payment beneficiary about us. Through digital payment India will improve gdp rate and reduce illegal gratification.

In my opinion, yes because to make country under development to developed this steps are necessary. DIGITAL PAYMENTS are the demand of our speedy generation. Yes, it is fast, convenient, secure method, use anytime, anywhere.

Some security standards must be improved and strict laws to be made for this, to make people trust on this.

Govt. Has to advertise and aware peoples who are illiterate, Of the 121 crore Indians, 83.3 crores live in rural areas while 37. 7 crore stay in urban areas, said the Census of India's 2011 Provisional Population, in the d*y when rurals are aware of digital things, our India becomes " Digital India ".

As we all know that digital payment to go cashless is the part of transforming India into a digital India in which everyone can make payment without carrying cash and that transactions can be recorded by both the individual and the government that will bring transparency in the system and remove the corruption.

Although, till the time all the citizens are not aware of it the speed of being India digital is good enough. People are very keen to learn to make digital payment.

Indian cyber security is strong enough as it could stand firm in the storm of even Ransome Ware where more than 100 of countries were affected badly by this.

Greetings to everyone,

After demonetisation, people are using digital platforms for payments. I appreciate the government steps to boost up digital payments for cashless economy. And this will continue India will be a fully digital economy very soon. But for now, still people do not believe in digital payments. They don't consider it as safe and secure payments. So first of all, the mindset of people are to be changed. Second, in the ruler areas where interest connectivity is major issue and people are not aware of the digital payments. So, WE and Government if both work together then India will become digital economy very soon.

In my opinion, being cashless is good because we need not get worried when ever we don't have sufficient money with us to buy some attractive things which we want. But the thing is that it is not always possible in every situation because whenever we are in rural areas we don't have this cashless system so we have to pay money. & also hardly 25% of our total population would have known about being cashless so it is the duty of the govt to organize special workshops for this & many parents don't have idea About this. So it is the duty of their children's to train them to make them understood & use this in a smart way.

The topic for our discussion, are digital payments secure enough for the Indian economy to go cashless.

In a society like ours people are well aware about the using of digital payments, and yes they are helpful for us in many ways, it makes our work easy and they are secure but, in my opinion for a country like India it is not yet possible to go cashless as, even though majority of people are well aware of digital payments and how they work. There are still people who don't know the ABC of digital payments and how things work with it, so I would say no, maybe in the coming future but right now India is not ready to go cashless.

A very warm good evening friends.

I'm Pavani Bandaru.

Digital India is a great idea of making our country forward in making every aspect but the problem in India is no proper internet facility not only internet in some areas call signals only won't available so people don't show that much interest in online payment but we can make them much interested in digital payment by first providing sim signals after that we should provide internet signals and also all people do not know how to pay the cash in online if we make them to educate by conducting camps make them more interested in that so I hope this would happen.

THANK YOU.

According to my view, Digital payments are very safe if you know the process exactly. Nowadays everyone using smartphones for surfing social networks etc. But if we look into deep both literate and illiterate people will ask everyone how to use this app and sometimes how to take a picture also. I think everyone faced this scenario. Imagine if you ask that person to do digital payment.

The first question he will rise is how to do?

So, Government has taken a good initiative by making India cashless. But the main thing they have to do is awareness of digital payment and how it will be beneficial to the society if we go cashless.

In my opinion, cashless economy is a very good idea as it helps in saving time, energy, paper which in turn helps to save environment also. As every thing has some prons and cons likewise it also has of increasing the cyber crime but it can be controlled by making advanced apps. The main problem which comes in the path is the low literacy of India as most of the population of India don't know what does cashless means?

So, its the duty of educated people to promote digital transactions and create awareness among illeterate people about the benefits of digital transactions then our country can proceed towards developed country.