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Safety In Transactions Digital
Outlook Money
|January 2017
Demonetisation or not, digital transactions are increasing each passing year, making it that much important for you to tread safely.
No matter whether you’re pro-demonetisation or you prefer the term ‘demonisation’, one thing is certain. The less-cash/cash-less move on November 8 is arguably the biggest fillip India has seen towards financial digitisation. The future of payments, from your cab rides and grocery purchases to government payments, are unequivocally digital. Sadly though, the large majority of consumers in India aren’t engaging in informed debates and conversations about data security and the need to safeguard oneself when transacting digitally. Help is at hand—whether you’re setting up your online banking account to pay next month’s rent or installing a digital wallet, here are some tips you should follow to stay safe and avoid being digitally ‘pick pocketed!’
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