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

Hello friends.

I agree that the digital payments help to improve the economy in many ways as we discussed above like corruption, terrorism, tax evasion, etc but my opinion in this is in a developing country like India. It is very difficult to go cashless because around more than 70% of the Indian people are farmers, labour and illiterate so in this situation they are not aware of the digital payment even the scared to think about the online payment most of them does not have bank account so it is not possible to such kind of people to use debit cards or paytm while making a transaction, they all are dealing with cash. Yes, it will be possible after educated the people to improve awareness among the uneducated people and for this govt should have to start awareness program and promote the cashless payment just like the programme promoted by Vidhyabalan in which she encourages people to use a toilet. After that, it will be possible but it can't possible instantly for now I disagree to go cashless.

As we all know digital India is a motto of our government For a developing country it's essential too. It helps to eliminate tax evasion and this will increase our country's GDP. But before that, the authorities must ensure that it is safe and secure. Whether it is affected by fraudulent activities such as ethical hacking or not. And it is also essential to educate the public about digitalization.

Yes, they are secure and we can go cashless.

Only in metro politan city but when we go countryside it's very difficult.

And also India's huge population is in the village so it's bit difficult at present to go completely cashless and it should be done it takes some time as everything should go step by step.

No, Because in India, most of people living in villages still don't know how to use smartphones. To go digital there must be internet connectivity in each and every locality, In cities most people are adjusted to digital payments but those living in villages are unable to do so. They are either dependent on somebody who is learned or they would prefer banks. There are people who are still learning how to use ATM. So at this Time bringing initiatives to go cashless is not a wise move as we are still under progress when it comes to cyber Security.

Yes, digital pavements are secure enough for the economy of India. After a great controversy, the step was taken by our Prime minister Narendra Modi of digital payments to make our economy cashless. So being an Indian, it is our duty and responsibility to take a step to make India a DIGITAL INDIA.

By digital payment, we mean a way of payment which is made through digital modes where payer and payee use to send and receive money. It is one of the steps taken towards development nd advancement of the under-developing economy. 'Every small and small factors are responsible for the progress and development'. So special training should be provided to illiterates and the backward peoples to understand that how to operate the system resulting in their after all smartness. GOI should focus on technical aspects i.e. raise the standard of living, internet accessible, providing basic knowledge and giving advertisements.

Digital payments are the most secure form of payments which lead to growth and easy life. Corruption, black marketing and parallel economy reduce due to the recording of every transaction. Each and every sector should accept money in the form of e-transaction. The procedure for maintaining the privacy is known by all the users. In end, digital payments are user- friendly means which save time, reduces a chance of theft and a move towards the prosperity of the economy.

Digital payments are more secure as most of the times people won't carry their money in their pockets.

As it is more secure.

The digital payments are *secure* enough and not that is digitalisation is beneficial or not.

I totally agree that Indian economy needs to digital. It is present day demand but if you ask me are digital payments are secure enough then the point that need ti be taken in account is that as technology is improving cyber crimes are also improving and to make digital payments secure and trustworthy source of payment government should not only focus on implementing the *digital idea* logo but must also focus on how these payments can be made user friendly and secure.

One of the interesting topic to be discussed because India is growing digitally like most other countries, going cashless or doing digital payments always haunt Indian people as they think their money might be stolen by some fraudulent. But for a growing economic sector in India, it a very good scheme that is now being practised. These benefits not even the educated but also the non-educated people in India as the government is providing non-educated people classes about how they can do payments online, mostly the old people who live alone and can't go much far for different bill payments.

As A COIN ALWAYS HAS TWO SIDES. THERE ARE ALWAYS RISKS AND BENEFITS IN IT. SO WE HAVE TO FACE ALL THE ODDS AND THINK POSITIVELY AND GO DIGITAL.

Yes, Digital payments are more secure, and it is good one why because of no need to go each and every time to any bank or atm for the purpose of money. And also Digital marketing makes less time consuming and also we can avoid the fake payment. Every coin has two sides, that is one positive one and another one negative side so we must have awareness.

In my point of view, digital payments is good and secure. It has positive effects as well as negative effects. It is good for our country. India will become ecomically very strong. Citizen of India uses as much as they can use e wallets or m wallets apps. Due to digital payments the Corruption and the Black Money become lesser. Using digital payments we have all details about the transaction.

But as we know the cycbercrimes is enhancing. The country which is well equipped and has good technology should easy handle these cyercrime.

But India is as far as now is not so develop country.

At last I only conclude that digital payments is good thought.