Explained: What is UPI scam, how it works and more

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This article discusses UPI scams and provides tips to stay protected. UPI scams are fraudulent activities that aim to trick users into revealing sensitive information or transferring money. Scammers create fake websites, emails, or SMS messages to mimic legitimate UPI apps. They may also send fake money requests or use screen mirroring apps to initiate unauthorized transactions. Another tactic is vishing, where scammers pretend to be representatives of banks or UPI service providers. To stay protected, never share UPI PIN, password, or OTP, verify the authenticity of URLs, exercise caution with money requests, avoid rushing into transactions, and use reputable antivirus software.

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We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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Explained: What is UPI scam, how it works and more

This article discusses UPI scams and provides tips to stay protected. UPI scams are fraudulent activities that aim to trick users into revealing sensitive information or transferring money. Scammers create fake websites, emails, or SMS messages to mimic legitimate UPI apps. They may also send fake money requests or use screen mirroring apps to initiate unauthorized transactions. Another tactic is vishing, where scammers pretend to be representatives of banks or UPI service providers. To stay protected, never share UPI PIN, password, or OTP, verify the authenticity of URLs, exercise caution with money requests, avoid rushing into transactions, and use reputable antivirus software.

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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