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

For my opinion, cashless India is good, but there are some challenges we need resolve the problem. It is not overnight cashless is not possible slowly step by step we need to move towards cashless, and people who are educated at least they can start cashless Transaction definitely people can learn who are illiterate also. And one more point we need to encourage people who are doing cashless.

Hi everyone,

Didital payment most important of the India country because we can do this for money transfer to easily digital payment it's easy and its must for Indian people carry out in our hand money it's not good use in a online payment the India has to less then people educated.

Yes, I am also appreciate that digitalisation is most important in now days but when we are talking about the urban area then it sounds good but in rural area they don't know that how to use smart phone and also afraid of to use atm in public places and we are talking about digitalisation of India, it will work properly when people of rural area will aware of using this. Also, the government should provide such type of platform for the rural people where they can aware of using this.

Yes, the digital payments are secure up to some level. Because nowadays Indian economy is facing many problems with currency. People are standing near ATM's for long hours to get cash. Through digital payments, one can transfer money, make payments, buy things, recharge mobiles etc just by staying at their own place. They can go cashless, this prevents from thefts.

Hi everyone,

Firstly, I would like to say thanks to our Honourable PM Narendra Modi sir, to Started and taken action to make Digital and cashless out our India, from my point of view, it will be really, Helpful to our economy in future, it is difficult to understand, it in starting. People should know about this action because, It will Upgrade our economic system, our country market will also be like a foreign country.

People should know profitable things about it.

1] No cyber crime.
2] No need to go bank, you can handle your account, At your home,
3] All transactions will be transparent.
4] No need to maintain Cash In Your wallet.
5] Can Purchase daily need of utilities by, Card swiping.
6] No fear of robbery.
7] one of the most important point is -"Automatic tax payable system".

This Action Taken by our government is tremendous, ' But in present people should know and learn about it, How it will be helpful for them! What ever We start anything In our life, we have To face many conflicts, but in last, we will Get better results.

Thank you.

Going cashless is a good start for making people independent so that they don't have to depend on others for payments or to manage their money but what we need is awareness. As we know that our country's most of the population is illiterate so before starting digital payment what government needs is to make people aware by conducting some awareness programs nd teaching rural people importance of their passwords nd with whom should they share their private information nd problems so that government can protect them from any kind of theft.

Well digital payments are secure enough for the Indian economy to go cashless as we hAVe seen this during demonitisation but we should be carefull during this.

Well. Yes, India should go cashless. & the straight forward reason for this is. We need initiative. Problems & crime will be there. But with time & growth everything will become in practice (i. E CASHLESS TRANSITION).

Well, I have a reason for this too. i.e. when we or someone will face the necessity of going cashless. Then automatically those who still don't know what is cashless. Will know. In fact they have to know. & I think there is nothing bad to be rude if there is a good motive behind the cause.

No government can teach anyone. It's is the people only who need to run with the time. What goverment can do is? They can provide a platform for the development & the platform is CASHLESS GO. & WELCOME ONLINE.

Hello, everyone.

It's a great topic to discuss. My point of view on India going cashless by adopting digital payment is somewhat little different. Now we have many online payment apps. These apps are on mobile phones. Which I don't think in a country like India today. Which is under developed and have lots a poverty, all the citizens cannot afford these facilities of online payment. Even the rate of literacy is not so high in India. First of all, these issues need to be solved. As India becomes developed in more ways we can adopt it.

Digital payments if we talk about in reference to developing country like India it will play a catalyst role for growth of the country but in present scenario if we see than digital payment are not secure enough to go cashless because India don't have good security system to prevent people from malware attacks and frauds as just few days before India is one of the victims of Aadhar card of 135 million people leaked from gov site and many people in are still unaware about digital payments which increases the cases of financial fraud so first necessary education to be provided and proper security system should be there then also digital payment should take place.

Hello friends,

In our country, digital payment has started to play a vital role towards development and put an end to corruption. But almost 40-50 % of people who live in rural areas do not know the use of technology of mobile. As our technology is developing day by day, a simple gadget or a mobile should be made only for making digital payments. And the government should provide some schemes to make people use digital payment. Also, a high-level security should be made to prevent hackers from creating any problems in making digital transactions. Then to a large extent, the cashless strategy would work successfully.