Important Tips To Protect Yourself From Fake Screenshot Fraud

Zee Media Bureau
Mar 13, 2024

Fake Screenshot Frauds

Fake screenshot frauds are a real problem for merchants, especially in busy set-up that is thronged by hundreds, payments firm PhonePe has said

Fake Screenshot Scam

Fraudsters often exploit this lack of Authenticating payment confirmation

What Is Fake Screenshot Frauds

A fake screenshot fraud is one where a fraudster creates a fake screenshot of a payment confirmation to deceive the victim that the payment has been processed and the amount has been credited to the victim’s account.

Tips To Protect From Fake Screenshot Frauds

You can follow some Major tips to protect yourself from fake screenshot fraud

Verify Payment Confirmation

Always verify the payment confirmation message before handing over the product or service.

Authenticate Payment Confirmation

Authenticate the payment by cross-checking your transaction history.

Don’t Rely Only On Screenshots

Don’t rely only on screenshots. Screenshots can be helpful in verifying payments but they can also be easily falsified.

Check Other Indicators Of Payment Confirmation

Check for other indicators of payment confirmation such as email or SMS notifications from your registered bank.

Look For Smartspeaker Notification

For a merchant, a smartspeaker that notifies payments via a voice message can never go wrong.

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