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

First, good morning to all friends and thanks for giving an opportunity to discuss this topic. Digital India means to save the time during the transaction of money. When we have transferred the money than it will be very useful.

There are more important to save the time and transfers the money anytime from anywhere so it is a very helpful for developing the our economic country. In our country digital system os better of growth the economics condition and when reforms of economic conditions in our country than there will be developing our country. So we have to use of the digital system. Thanks.

According to my point of view, Digital payments are secured as we need there are several reasons.

1) In India, many cities are not developed so the mentality and need of people is to stay on the cash.

2) In India, many small-scale businesses are they need cash to conduct business.

3) And "Yes" in India many villages are who do not aware about digitalization may be due to lack of Internet and other issues so they also like cash.

But the conclusion is if we want a developed and uncorrupt country we need Digitalization in everything not only money even bringing change in the mentality of people.

According to my point, the digital payment is not good one for who those can get the aware of online transaction.

But seeing through our country population most of the peoples are lives in rural sectors.

So first goverment do the make an awareness about the digital India in the village lived peoples.

That only possibles of active participation of our responsible authorities and government.

Digital payment also not secure well. So also put the good protocols for authentication of transaction. Then only peoples I'll trust.

In conclusion we need digital India but a proper manner.

Thank you, .

According to me, digital payment secure enough for the Indian economy to go cashless. It saves a lot of time. It is a very simple way for transferring money but only for some people. But the illiterate people don't know to use these technologies and they found it difficult. For doing digital payments you should have proper knowledge about using it as everything have pros and cons if you don't have proper knowledge about digital payment it may turn into fraud. So it good only if everyone knows how to use it and it is a good initiative taken by the government to make Indian economy to go cashless.

Hello friends.

In my opinion, digital payment service have the POWER to change our INDIA or say to make Our nation Almost Corruption FREE.

But this can be possible only if the Indian government and the the PEOPLE of INDIA will come together. I had also seen that people who have smart phone but they are not even able to recharge balance of their phone themselves. They just go to recharge shop and give their phone to the owner to recharge it. So to get rid from this problem our Government should take some effective decision to educate people so that they could do such work themselves. Thankyou!

Hi everyone I am Neelima.

In my point view, digital payment is the best source of payment because its save time through the online we don't have a need to stand in lines for a long time. We can go anywhere without cash with of digital payments if we go with money we should be in full of fear and stress because of having money. Though the government is trying its best recently it introduced an app called Bhim where all transaction are made digital. Offcourse, digital payment is helpful to increase the growth of India and increase the reputation of Indian market among the international market.

As India is not developed country. It is developing country. Most of the Indian population is illetrate. And they will not understand the idea of being going cashless. First government should have to take the initiative to educate them. Before focing on this idea of being cashless. Proper knowledge should be shared with all. And secondly India lacks proper security systems. They are rising case of cyber crimes. Steeling of data etc. So first of all these two factors should be taken into consideration. So for now by seeing the present condition I don't support the idea of being going cashless.

Hello, friends.

In my opinion, the cashless economy will definitely help in the development of our county. But when it comes to the security of cashless transactions India is not a much-developed country and a large population of India in not fully aware of the process of Online or cashless transactions even the educated people sometimes hesitate in an online transaction.

So before making Indian economy cashless a proper knowledge should be provided to the peoples. And most important points are the points they must not do to make their transactions secure. These points must be focused most.

Hello everyone, This is Dibyendu.

Going cashless is a need of time. Digitals payments are secured by 128 Bit end to end encryption. They are totally safe from the point of being robbed digitally. With Availablity of New technology, some precaution also comes; liking keeping the privacy and being aware of the fraud phone calls etc. Indian economy was very much liquid a few years ago but now the scenario is changing. Because of the increased faith in digital payments, the share of the digital money is increasing that shows the reliability and secureness of cashless economy in Indian Scenario.

HELLO.

As per as my knowledge, digital payments for India is more important no need of carrying cash while travelling.

Nowadays it is very easy to transfer money within a fraction of seconds. But the thing hackers are trying to hack the accounts at a time we are facing this type of problems nowadays for this cybersecurity should be improved.

We have to think about the rural people of India Uneducated persons like farmers and labour who are going work on daily basis in agriculture Government has to do special awareness programmes to those persons. There should special ways to the farmers.