UPI Fraud Alert: 5 silly mistakes to avoid while paying via UPI

UPI users should never share their UPI ID and PIN with anyone, even if someone claims to be a bank representative. Do note that bank representatives don’t ask for details such as UPI ID and UPI PIN. So, even if you are facing issues with UPI payments, don’t ever share such details.

In one of the modus operands used by fraudsters, a random payment request is sent to users. If you get a pop-up from your UPI app or a text message for an unknown payment request, do not entertain it. You can simply ‘Decline’ the payment request on the UPI app if you find it dubious.

Bank account users should always use verified UPI apps available on Google Play Store or Apple App Store. You have to be more careful while selecting third-party UPI apps.

UPI users should always keep updating their UPI Pin to stay safe from fraud attacks. The banks also advise their customers to change their UPI pin once in a while to make sure that they don’t become victims of fraud.

Fraudsters do send malicious links via SMS or emails. You should always remain beware of all such links and emails.