Watch: How the scam works
In a video shared, the X user named @Simple man received a phone call from a fake number.The individual on the other side of the call claimed to be a bank representative. The caller alleged that his bank account required immediate verification and instructed him to visit a specific website. Once there, he was asked to initiate a UPI payment of Rs 8,999 and subsequently enter his UPI PIN.
When the victim expressed doubt about the transaction, questioning why Rs 8,999 would be debited instead of credited, the scammer tried to assure him that the money will not be deducted. He further added that users can also file a complaint in case the money is debited.
This prompted the victim to challenge the scammer about using a fake 15-digit phone number, which exposed the scammer’s deception. The scammer then said that he is using a fake number so the police will not be able to trace him. He also threatened the victim and said he will hack his phone if he shows the video to anyone.
Many users shared their experience of facing a UPI scam
Many other users also commented on the video that they have been victims of a similar kind of UPI scam. Here are some of the user reactions
How to stay safe from UPI scams
Here are some essential tips to protect yourself from UPI scam
* Never share your UPI PIN or OTP with anyone
* Be wary of unsolicited calls or messages.
* Enable two-factor authentication (2FA) for added security.
* Keep your device software and apps updated.
* Regularly review your bank statements for any unauthorized transactions.
* Verify the receiver’s details carefully before making a payment.
* Use only official UPI apps from trusted sources
* Report suspicious activity to your bank immediately.
