Online Payment Scams: PayTM, UPI, GooglePay
Friends, Online Payment Scams are on the rise right now. Whenever we hear about scans, it happens that the victim of the scam is not educated. This is true but it is not necessary. Even a well-educated person can fall prey to scams if the person is psychologically pressured in a timely manner. No matter how educated a person may be, he can fall into this scam.
How are these all scam pulled of exactly? how can you be safe from this scams? There are a lot of scams going on in the online payment system. Generally such scams happen from Paytm, cand UPI (Unified Payments Interface). UPI is an application created by NPCI (National Payments Corporation of India). With the help of UPI, money can be easily transferred from one bank account to another bank by smart phone. This is also called a single mobile window payment system.
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You do not need any bank details or any other information whenever you want to transfer money. And this system works for 24 * 7 hours and nowadays this system is supported by all the banks. All the banks like Sabi, Axis, Isisi, Panab support UPI system. And the use of UPI payment system in our country India is increasing very fast. At the same time, online payment scams are on the rise.
online payment scams :
Online payments must include a single Third Party app. Such as GooglePay, PhonePay, Paytm, Freecharge, Mobikwik, etc. All these apps support UPI payment. To use all these apps you need to link your bank account with all these apps. Which leads to a UPI id generate. You can make your transactions using UPI id. This app asks you to create a four digit PIN to secure this transaction. You will need to enter this PIN whenever you make a transaction.
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Nowadays money is being transferred from QR code. All you have to do is scan the QR code through any app in your mobile phone and enter your PIN so the transaction will be done in a few moments. In the same way that this process has become a jellyfish, the chances of being scammed have also increased.
What does scammer need from you?
All you have to do is scan a QR code and insert a four-digit PIN to transfer money. Because that QR code contains your information. This is how many scams happen.
For example, If you put your mobile for sale on social media, the scammer will call you to buy it. But don’t actually buy it. It will also give you a fake id proof to give you confidence. It will then ask you to scan a QR code. This QR code is for transferring money. Money will be deducted from your bank account if you scan the QR code and enter your PIN. This is how fraudulent calls are made and money is taken from many people.
UPI scam is an ongoing epidemic in India. People call you using regular phone numbers, get you to scan ₹1 QR code for refund or whatever, and siphon off lakhs in multiple transactions from your account. Police waste precious time and don’t get banks to freeze funds. 1/n
— Riccha Dwivedi (@RicchaDwivedi) November 30, 2021
Many people on Twitter have tweeted about this scam. The same thing happened with CM Arvind Kejriwal’s daughter from Delhi. The scam took place on the Olex platform. Her Olx Par was selling a sofa. And with them came the 34,000 scam.
Delhi CM Arvind Kejriwal’s Daughter Duped On E-commerce Platformhttps://t.co/L1v9KyqmHp
— ABP News (@ABPNews) February 9, 2021
People in such scams are psychologically manipulated. Either way people are asked to enter the UPI PIN so that the money can be transferred. All these scams are done only on online platforms. Nowadays scammers give Army proof to give people confidence. So that people can believe in him immediately and not ask any more questions. So you should beware of all such scams. Do not share your UPI PIN with anyone