Unified Payment Interface (UPI) has made life easy by making online payments hassle free. The flip side, however, is the emergence of UPI frauds, said Prakasam superintendent of police (SP) Malika Garg, highlighting the surge in incidents of fraud in transactions using UPI.
‘’As payments using UPI increase, so do cases of fraud,’‘ she observed after a review of cybercrimes in the district. She suggested that people always double check the identity of the payee before making a digital payment. They should remember that banks will never ask for any confidential information such as details of bank account, credit/debit card numbers, CVV, UPI PIN, OTP over a call or message. One need not enter the UPI PIN while receiving money. Fraudsters misused the ‘request money’ feature on payment apps, she explained.