With the increasing use of digital payments, cases of UPI fraud are also increasing rapidly. Nowadays, most of the people use apps like Google Pay, PhonePe, Paytm, but a little carelessness can put them in big loss. Cyber experts say that fraudsters are targeting people in new ways every day.
Common methods of UPI fraud
Phishing links and fake apps
Fraudsters often send fake links through SMS, WhatsApp or email, which look like genuine bank or payment apps. User information may be stolen by clicking on these links.
QR code scam
In this, instead of sending money to you, criminals withdraw money from your account by scanning the QR code. Many people scan QR without checking, which causes loss.
remote access app fraud
Some fraudsters ask people to install an app, through which they gain control of the phone and access banking information.
Fake Customer Care Call
The fraudsters pretend to be the customer care of the bank or payment app and ask for OTP or UPI PIN. Once the information is received the account is emptied.
Lottery and Prize Fraud
Many times users get a message that they have won a prize or lottery, and are asked for payment or details to get it. This is also a big scam.
how to stay safe
According to cyber experts, UPI fraud can be avoided by adopting some precautions.
Do not click on any unknown link
Do not share UPI PIN or OTP with anyone.
Use only official apps
Verify QR code before scanning it
Do not install any unknown app in the phone
Concern over increasing danger
As digital payments have become easier, the risk of cyber fraud has also increased. Experts say that awareness is the biggest protection. A little caution can save you from big financial losses.
