A little carelessness while making UPI payment can make you bankrupt. Today here we are telling you 10 safety tips, which can help you stay safe at the time of UPI payment and protect you from possible scams.
As UPI (Unified Payments Interface) payments are gaining popularity, the risk of becoming a victim of scams and fraud is also increasing. Whether you are using Google Pay, PhonePe, Paytm, or any other UPI-enabled app, it is extremely important to prioritize safety and security. A little carelessness can make you poor. Therefore, it is very important to be cautious while making your UPI payment. Today here we are telling you some safety tips, which can help you keep your UPI payments safe and protect yourself from possible scams.
1. Verify transaction before confirming payment
Always double-check the transaction details, including the recipient’s UPI ID, phone number or bank account number, before confirming the payment. Verify the accuracy of the information to avoid inadvertently sending money to the wrong recipient.
2. Beware of phishing attacks
You can become a victim of phishing scam through fraudulent SMS, email, or phone call asking for your UPI credentials, OTP (one-time password), or personal details. In such a situation, you need to be cautious. To this end, beware of unsolicited communications and never share sensitive information with unknown or unverified sources.
3. Use Strong Authentication Process
Opt for a strong authentication process like PIN, pattern, fingerprint or face unlock for secure access to your UPI app. Avoid using weak or easily guessable passwords that may compromise the security of your account.
4. Enable App Lock and Biometric Authentication
Take advantage of in-built security features like app lock and biometric authentication offered by UPI apps. Enable these features to prevent unauthorized access to your account, especially if your device is lost or stolen.
5. Always keep UPI payment app updated
Update your UPI apps regularly to make sure you have the latest security patches and bug fixes. Developers frequently release updates to patch vulnerabilities and enhance security, so it’s essential to keep your app updated to protect against scams.
6. Do not share OTP and PIN with anyone
Never share your OTP or UPI PIN with anyone including friends, family or customer care executives. Legitimate UPI apps will never ask for this information as sharing it could compromise the security of your account.
7. Do not use public Wi-Fi networks
Avoid making UPI payments over public Wi-Fi networks or unsecured connections, as they can expose your sensitive information to hackers. Instead, use a reliable Wi-Fi network or switch to mobile data for secure transactions.
8. Keep an eye on account details and payment history
Regularly monitor your bank account details and transaction history within the UPI app for any unauthorized or suspicious activity. Immediately report any irregularities or fraudulent transactions to your bank or UPI service provider.
9. Keep yourself aware of scams
Be vigilant about common UPI payment scams and fraud tactics targeting users. Educate yourself about the red flags and warning signs of scams to effectively identify and avoid potential risks.
10. Report fraud immediately
If you suspect fraudulent activity or unauthorized transactions in your account, immediately inform your bank or UPI service provider. Immediate action can help prevent further loss or damage and facilitate investigation and resolution.
By following these safety tips, UPI users can protect themselves from becoming victims of scams and frauds. Prioritizing security measures and being cautious while making UPI payments ensures a secure digital payment experience.
