5 Scams Targeting Indians on UPI Right Now

UPI Scam Alert: UPI has made digital payments fast and simple across India. From small tea stalls to large stores, everything runs on quick QR scans. But scammers are moving just as fast. New tricks are targeting daily users. Many people lose savings within minutes. Awareness is now the strongest protection.

Fake Customer Care Calls: Fraudsters pose as bank or UPI support executives. They claim there is a problem with an account or recent payment. Panic is created through urgent language. Victims are asked to share OTPs or PIN details. Once shared, money disappears instantly. Banks never ask for such sensitive details.

Collect Request Trap: A scammer sends a “collect request” instead of sending money. The notification looks like a payment credit alert. Many assume money is being received. Approval is given without checking details. Instead of receiving funds, money gets debited. Careful reading of every request can prevent this loss.

QR Code Payment Fraud: Scammers send QR codes through messages or social media. They claim the code is needed to receive a refund or prize. In reality, scanning the code authorizes a payment. Funds are transferred directly to the fraudster. QR codes are meant for paying, not receiving money

Screen Sharing App Scam: Fraudsters convince victims to install screen sharing apps. They promise help with cashback offers or account issues. Once installed, scammers watch every action on the phone. Sensitive banking details become visible. Within minutes, accounts are emptied. No genuine bank asks for remote access to a device.

Fake Job and Rental Listings: Online job offers and rental ads often demand small advance payments. They request token fees through UPI to confirm bookings or interviews. The offers look professional and convincing. After payment, contacts become unreachable. Such scams target students and job seekers searching for quick opportunities.

Stay Safe on UPI: Digital payments are convenient but require caution. Every alert, link, and request must be checked carefully. OTPs and PINs should remain private at all times. Suspicious activity should be reported to the bank immediately. Staying alert can protect hard-earned money from these growing UPI scams.

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