Tuesday, 29 November 2022

Safety tips and tricks while using UPI Payment

Safety tips and tricks while using UPI Payment

Are we using UPI payment apps like Paytm, PhonePe, GPay? As much as these apps bring convenience to our transaction figure, they have specific pros and cons, which we need to be mindful of.

Hence, while such apps, the users need to be aware of UPI payments safety tricks and tips to avoid falling prey to cyber frauds. Some simple steps include not clicking on random links, answering fraud calls, giving out essential transaction details like PIN, password, etc.

Do not share your PIN: First in the list comes - never share your PIN. Be it a friend, family member, even someone you trust dearly - sharing a PIN with anyone makes you vulnerable to fraud. If your PIN has been revealed, change it immediately.

Safety tips and tricks while using UPI Payment 1twitter image:@UPI_NPCI

Read More: WhatsApp UPI payment increase limit to 40 million from 20 million users by NPCI

Use a strong password: Lock your phone and your payment apps with a solid password. Usually, most people use simple passwords like your name, date of birth, mobile number, etc. - this should be avoided. Make it a mix of numbers, letters, and characters to strengthen your password.

Please do not click on unverified links: Often, we receive fake messages from unverified accounts or numbers containing links on our phone and email. Never click on them. By sending these, fraudsters lure individuals with lucrative offers and then ask them to divulge PIN, OTP, etc. Then the caller pretends to be calling from your bank or some other organization and can ask you for your details.

Time and again, many individuals fell victim to the transaction/Cyber fraud by clicking on such links or answering such calls. Avoid them.

Keep your transaction mode simple: Try using only one of the payment apps, and that too is a trusted and verified payment application. Using multiple apps increases the chances of fraud.

Update UPI App regularly: Every application requires an update, and each update brings better features and benefits. It will help if you keep updating the UPI payment app to the latest version.