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

According to me, it is a good idea but there should be more facilities and improvements in this field as what problems that we all confront these days while doing an online transaction include when the session expires we have to start all the activities from the beginning which is time-consuming. So, according to me, there should be a mechanism to start from the point where it was left (or from the point where the session expired). And also the limit on transaction should also be extended. So, I want all these modifications which will make digital payments better.

I think the digital payments are enough for an Indian economy to go cashless. We need to take some precautions to secure our money by doing that so we never share our confidential data to anyone. For an under developing countries like India consists of some uneducated peoples also, they don't know how to do transactions so that kind of peoples unintentionally they share the data. Coming to secure now a days all the companies are using cloud computing. Cloud computing provider connects different clients to single server so there is a chance of hacking the accounts.

I think it's too much better for everyone because in our country snatching problems remove. But digital payments only in urban area not in a rural area so our government take action on this and aware about this to rural area people. I think many engineers and doctors are from rural area and its work in an urban area away from your home its not live with our family so the govement take the job in a rural area for aware to the rural area people.

Digital payment secure for the Indian economy to go cashless because it's from our country economy increases and growth.

My point is nothing is enough for any country or state they just have to keep going on with new initiative like this digitalisation.

My first point is while going digitalisation large amount of currency can b save which is just wasting in printing transporting and handling of notes. Also, digitalisation improves literacy rate in our country as while using digitalisation people need to know basic knowledge.

Secondly, money which is hidden by government comes back in the eye of our govt. From which they charged taxes and more budget will come back to our country.

Digital Payment in India or anywhere round the world is quick and convenient mode of payment keeping in mind the amount of crime happening round the globe for paper mode of payment and regarding safety, the government still need to figure out a way out to introduce virtual money/currency to neglect the amount of concern over safe and secure mode of payment.

The government though has taken major steps to avoid cyber crime, hacking and cracking through introduction of encryption and PIN introduction and later by OTP that has reduced the quantum cyber crime cases.

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.

Hello, friends.

The term cashless seams to be very attractive but the reality is today in India we cannot go totally cashless these is due to two reasons first in India everyone is not so educated that cashless mode could be operative by masses and secondly the increase of hacking. There is an increase in the number of cases where people's credit or debit card were missed used for the complete cashless economy we need a base of education and securitization. Indian economy lacks in both so it's hard to say that if Indian economy is ready to go cashless.

Thanks.

Hello friends, in today's world everything is unsafe so you will not be able to work in such situations if we do not dare to do any kind of work. So I think in day to today's life digital payments are well secured. Personally, I had not faced any kind of issue while I do payments digitally. So I think if we do the work what we want without going to the sites we should not visit (fake websites) we are safe and India should develop the infrastructure for the same so everybody in this country should feel safe to do any kind of transactions he/she wants. Thank you.

Hello.

Yes, I also agree with digital payment. It is better for our country but before doing anything you should know what will be its positive effect and negative effect. The thought of digitalisation is good but for implementing it you should know that what's our illiterate ratio. Most our villages have no electricity connection because of corruption, undeveloped or so many reasons. Then how it possible to make whole India cashless. Systematic and step by step development is better for India otherwise half of our country become expert and half of illiterate.

Good morning to one and all, according to my point of view, digital payments are very well because of the transactions are to be in very fast and most efficiently. It will also reduce the black money which is very helpful for our economy. Most probably our future going to be digitization and all are must be familiar with this scope. From cashless transaction we need not carry the cash so that there is no need of wary for the loss of money due to the theft. From overall point of view there is a more number of befits are there for the digital payments. Thank you.