After the introduction of UPI, there has been a revolutionary change in the digital payment system of the country. Today, from small sellers to big e-commerce companies are connected with the UPI network. Every year the transactions through UPI are creating a new record. Seeing the success of UPI in India, many other countries of the world are also planning to adopt this digital payment system in their countries. On one hand, this new system of transactions has brought revolutionary changes. On the other hand, after its arrival, there has been a record increase in the number of online frauds in the country. In such a situation, if you also do transactions through UPI, then it is very important to know about some things. Otherwise, your small carelessness can cause a big loss.
If you are using UPI. In such a situation, take special care that you do not share your UPI PIN with any other person. By doing this it can be misused.
These days, many cyber fraudsters are defrauding people by adopting unknown links and new fraud tactics. If you come across any unknown links or offers and you are asked to make a UPI payment.
In this situation, you should be careful. If you open these links sent by them on your smartphone and make payment. In such a situation, you may have to face a big financial loss. You should avoid opening these links on your smartphone.
While using UPI, you should keep changing its PIN from time to time. By doing this, your chances of being fraud will be reduced.
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