How to Avoid UPI Payments Scams: 10 Safety Tips
In today's digital age, Unified Payments Interface (UPI) has revolutionized the way we transact money. Convenience does, however, carry the risk of fraud and frauds. Here are 10 crucial tips to help you stay safe while using UPI:
1. Secure Your Device and Apps
Ensure that your smartphone or device is protected with the latest security measures, including strong passwords or biometric authentication. Additionally, only download UPI apps from official app stores and keep them updated regularly to patch any security vulnerabilities. Be especially wary of fake loan apps disguised as legitimate financial tools, as they often pose significant risks to your personal and financial information.
2. Verify Payee Details
Always double-check the payee details before initiating any UPI transacti...