safety tips that you should keep in mind while paying through UPI

If you are using Google Pay or PhonePe, keep these 5 things in mind while making UPI payments

UPI Payment Safety Tips: Online and digital transactions have grown tremendously in India in the last few years. Paying through the United Payments Interface (UPI) through a smartphone has become very easy. Also, people do not have any problem if they do not have cash or there is no need to keep cash in large amounts. From small sellers to large businesses or shopping outlets, online transactions are being used everywhere.

However, what seems very easy and beneficial has some other aspects as well. While UPI has its advantages, there is definitely a need to be cautious. With the increase in online transactions, cyber frauds have also increased. That is why while making or transferring online payments, users should keep these important things in mind, which can reduce the risk of cyber fraud or scam. Here we have shared 5 such safety tips that you should keep in mind while paying through UPI.

Never share UPI address
The most important safety tip is to keep the UPI account/address secure. You should never share your UPI ID/Address with anyone. Your UPI address can be anything between your phone number, QR code or Virtual Payment Address (VPA). You must not allow anyone to access your UPI account through any payment or bank application.

set a strong screen lock
Set a strong screen lock for all payment or financial transaction apps. If you use Google Pay, PhonePe, Paytm, or any other platform, it is necessary to set a strong PIN, which should not be your date or year of birth, mobile number digits or any other. You should not share your PIN with anyone and if you suspect that your PIN has been leaked, change it immediately.

Avoid using more than one app
It is advised not to use more than one UPI or online payment app. There are many digital payment apps that allow UPI transactions, therefore, you have to see which one offers better benefits like cashback and rewards, and make your choice accordingly.

Update UPI App
It goes without saying for all apps. Every app including the UPI payment app should be upgraded to the latest version as the new updates bring better UI and new features and benefits. Updates often bring bug fixes as well. Upgrading apps to the latest version also protects your account and reduces the chances of security breaches.

Do not click on any unverified link
UPI scams are a common technique used by hackers to trap users. It should be noted that hackers usually share links or make calls and ask users to download a third-party application for verification. You should never click on such links or share the PIN or any other information with anyone. Banks never ask for PIN, OTP or any other personal details, hence, anyone seeking such information over a message or a call wants to steal your details and money. In such cases you should be cautious.

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