Nowadays, people are getting more and more digitised. In such a scenario, UPI payments are boosting exponentially in the country, as it gives very instant system of payments. However, this method which is beneficial can be equally dangerous as well. It is imperative for you to know how to protect your money from fraud related to UPI payments. Because the cybercriminal has become very vicious these days.
National Payment Corporation of India (NPCI) has issued an alert regarding UPI payments. NPCI has said that people should not make UPI payments between 1 am and 3 am in night. It has also said that the UPI service will be upgraded for the next few days. Due to this people may face trouble. NPCI has made a tweet informing that the system is being upgraded from 1 am to 3 am to improve your payment experience. In such a situation, you may face difficulty in making payments.
Hackers use many ways to trap users. In such a situation, we need to be careful. Cybercriminals usually commit frauds in financial transactions. Many banks have issued advisories warning customers through their social media platforms, in which people have been given tips on safe banking. There is a possibility of many types of frauds through the UPI platform. It is very important for the users to know about them. Often, fraudulent use Phishing, UPI PIN or OTP scam or Remote Screen Mirroring methods to dupe the users.
Also read: Learn 6 Simple Steps To Create UPI ID