Fake UPI apps exposed: Learn to protect yourself from online fraud

In this era of digital payments, UPI (Unified Payments Interface) apps like Google Pay, PhonePe and Paytm have made transactions very easy, but now cyber thugs have turned this facility into a weapon. Cyber security experts have recently warned that the number of fake UPI apps exposed is increasing rapidly, which look like real apps and have become a new way to cheat people.

How do these fake UPI apps work?

These fake apps look exactly like the real Google Pay, PhonePe or Paytm. Fraudsters use these apps to convince shopkeepers that they have made the payment. In some cases, the sound of payment confirmation also comes from the soundbox installed at the shops, which makes it seem that the money has arrived, but in reality no transaction takes place. These apps cheat shopkeepers by showing fake transaction screens and processing messages. According to reports, these fake apps are being shared through Telegram and other online platforms, due to which common people become victims of fraud.

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How to avoid fake UPI apps?

Always confirm transactions in bank account or original UPI app. Do not trust only soundbox voice. Download UPI apps only from Google Play Store or Apple App Store. If a customer is using a new or strange app, be careful. If you are cheated, immediately call the cyber crime helpline 1930 or file a complaint with the police.

Effects of fake UPI apps

Fake UPI apps will have a lot of impact on people and society. These are the main reason for financial losses to customers. Fake UPI apps also put users’ personal data at risk leading to data theft. These fake UPI apps look very similar to trusted platforms like Google Pay, PhonePe and Paytm. This can lead users to enter sensitive details leading to financial theft. They are responsible for unauthorized transactions. This can make victims vulnerable to identity theft, fraud and cybercrime. Awareness and vigilance are essential to avoid such risks.

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