These 5 Mistakes Of UPI Payment, Which Can Cause You Huge Loss, Always Keep In Mind

New Delhi, 17th April 2022: Unified Payment Interface (UPI) fraud has emerged as the most preferred payment option of the present time. UPI payment is a very easy payment option. With the help of which instant fund transfer can be done to each other in a few minutes. However, you should be very careful during this, otherwise, you may have to suffer heavy losses.

1. Payment from an unknown number

Always keep this in mind before accepting from any unknown number or making payment on any unknown number. Users should double-check before making payment on any number.

2. PIN is not required while receiving payment

There have been many cases of asking for PIN information during payment leakage. Which becomes the reason for online fraud. Please note that no PIN is required to receive funds. In such a situation, if someone asks for your PIN before sending money, then you should be careful.

3. Demand to transfer payment from social media

There are times when there is a demand to transfer payment from social media platforms like messenger. But by doing this, one should be careful or cross-check, because there have been cases of transferring money by creating fake profiles of your friends and relatives on social media.

4. Fake UPI Application

There are many types of Face UPI applications available in the market, which work to steal the UPI details of the users. This is a kind of clone app, which looks exactly like the original app. From which sensitive data of users can be stolen. In such a situation, downloading Modi Bhim, PHIM Payment-UPI Guide, Bhim Modi App, and Bhim Banking Guide App from Citi bank should be avoided.

Always keep these things in mind

·      Do not share PIN with strangers.

·      Keep antivirus and biometric recognition software installed in the phone.

·      Do not open unknown links and sources.

·      Always use secure Wi-Fi.