UPI (Unified Payments Interface) is India’s digital payment backbone — fast, free, and now used by over 35 crore people. But with this convenience comes risk. Cybercriminals are exploiting UPI’s popularity through clever scams, costing people lakhs in minutes.
Here’s Vizzve Finance’s list of the 7 most common UPI scams in India — and how to avoid them like a pro.
⚠️ Scam #1: Fake Customer Care Calls
How it works:
You search for customer support online, call a fake number, and the scammer asks for your UPI PIN or sends a payment collect request.
Avoid it:
✅ Never share UPI PIN
✅ Only use official app help sections (Google Pay, PhonePe, Paytm)
✅ Don’t respond to “collect money” requests
⚠️ Scam #2: QR Code Fraud
How it works:
Scammers send a QR code claiming you’ll “receive” money, but scanning it leads to money getting debited instead.
Avoid it:
✅ Never scan QR codes from unknown contacts
✅ QR = Payment out, not in
⚠️ Scam #3: Phishing via Fake Apps
How it works:
You’re tricked into downloading fake UPI apps that steal your login data or overlay real apps with fake screens.
Avoid it:
✅ Download only from Google Play Store / Apple App Store
✅ Check developer details and reviews
⚠️ Scam #4: Job/Loan Offer Payment Scams
How it works:
Scammers lure victims with job or loan promises, then ask for “registration” fees via UPI. Once paid — they vanish.
Avoid it:
✅ No real job or loan requires upfront UPI transfers
✅ Verify companies on LinkedIn and official websites
⚠️ Scam #5: Screen Sharing Scams
How it works:
Victims are asked to install screen-sharing apps like AnyDesk. Scammers then watch & record as you enter UPI details.
Avoid it:
✅ Never share your screen while making financial transactions
✅ Uninstall remote access apps if not used
⚠️ Scam #6: Fake Cashback Offers
How it works:
You get a message claiming a cashback or reward on completing a UPI transaction — but it redirects to phishing sites.
Avoid it:
✅ UPI apps don’t send cashback links via SMS or WhatsApp
✅ Trust only app notifications
⚠️ Scam #7: Romance + UPI = Disaster
How it works:
Fraudsters form online relationships and emotionally manipulate victims into sending money via UPI “for emergencies.”
Avoid it:
✅ Never send money to people you haven’t met in real life
✅ Emotional pressure = red flag
🛡 Vizzve Finance Tips to Stay Safe
🔐 Always lock your UPI app with biometrics or PIN
👁🗨 Check SMS alerts after every transaction
📲 Enable transaction limits from your bank’s mobile app
📤 Report frauds immediately via the UPI app or call 1930 (cybercrime helpline)
❓ FAQs – UPI Scam Awareness by Vizzve
Q: Can someone steal my money if they have my UPI ID?
A: No. They need your PIN or access to your phone. Just sharing UPI ID is safe.
Q: What if I accidentally paid a scammer?
A: File a complaint immediately via your UPI app or call 1930 for quick cyber action.
Q: Should I delete and reinstall my UPI app after fraud?
A: Only if your app was compromised. It’s safer to reset your UPI PIN and report fraud first.
🧭 Vizzve Final Word
UPI is safe — but only as smart as the user. The real threat isn’t tech; it’s trusting the wrong people. Stay sharp, stay secure, and always confirm before you click.
With Vizzve Finance, you’re not just making payments — you’re making informed choices.
Published on : 18th July
Published by : SMITA
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