Despite being a very secure platform, a large number of fraud cases are being reported during online transactions. If you do financial transactions through UPI, then we should always be alert for this.
Online Translation Fraud:Â As the trend of online shopping and digital payment is increasing, the cases of online fraud are increasing at the same pace. However, from time to time, companies, banks and government bodies related to online transactions keep alerting people about online frauds. But even after this, cyber thugs keep defrauding people in new ways.
We are currently living in the world of digital revolution. Digital revolution has made our life very easy. You can do bank related work, all kinds of shopping and financial transactions with anyone while sitting at home. All this work has become very easy with the introduction of UPI i.e. Unified Payments Interface.
Secure UPI Platform
With the help of UPI, you can transfer money from anywhere at any time to anyone’s bank account in minutes. The special thing is that UPI is a very secure platform for online payment. The UPI application is available on Android and Apple platforms. You can use it for any kind of financial transaction. For this, you have to register on UPI using the mobile number registered with the bank account.
Despite being a very secure platform, a large number of fraud cases are being reported during online transactions. If you do financial transactions through UPI, then we should always be alert for this. If you use Google Pay, PhonePe, Paytm or any other digital platform, then you have to be alert while doing the transaction.
Do not share UPI address
To avoid cyber fraud, do not share your UPI address with anyone. UPI address can be your phone number, QR code or Virtual Payment Address (VPA), UPI PIN number anything in between.
Verify ID
While transferring money to someone through UPI, one should check the UPI account of the person in front. Sometimes money gets transferred in someone else’s name by mistake. Therefore, before doing the transaction, you can transfer a small amount of Re 1 and in this way also it can be verified.
Do not use apps
Do not use multiple apps for digital payments or transactions. Because while using many apps, there is scope for mistake. In case of any problem with the app, take help of the help center. Do not take help from any outsider in this regard.
