QR Code Scam: Making online payment through UPI? Be alert from QR code scam and take these measures to avoid it…

QR Code Scam: Unified Payments Interface (UPI) in India has made online transactions very easy and convenient, but with it the cases of various types of frauds have also increased. One of the big problems is QR code scam, which is catching people. Scammers are adopting new ways to launder money by using fake QR codes. Know how QR code scam works and how it can be avoided.

How does QR Code Scam work?

• QR codes are generally considered a fast and easy method of payment, but scammers are using them for fraud.
• Scammers create fake QR codes that look trustworthy. These codes are often used in stores, delivery services, or on social media platforms.
• When the victim scans this QR code, it transfers money to the scammer's account instead of a legitimate payment.
• Some QR codes may also contain fake APK links, asking to download a fake app. This app can steal your bank details and personal information.
• In some cases, this fake link is automatically downloaded to your device, providing the necessary information for the fraud.

Ways to avoid scams

Use UPI ID directly

Instead of scanning QR codes, transfer money directly to the recipient's verified UPI ID or mobile number. Do not trust QR codes from unknown or suspicious sources.

Avoid suspicious QR codes

Before scanning QR codes placed in public places like restaurants, markets, or kiosks, check their authenticity. Always ensure that the QR code is from a legitimate and trusted seller.

Create a separate bank account

• Create a separate bank account for UPI transactions.
• Keep only a limited amount of ₹ 3,000 to ₹ 4,000 in this account.
• With this, even if fraud occurs, your main savings account will remain safe.

Beware of suspicious payment requests

• If you receive a suspicious payment request or link, double-check the URL and payment details.
• Fake links often contain spelling mistakes or unusual domain names.
• By checking the link you can avoid fraud.

Additional Tips for Security (QR Code Scam)

• Never install unknown applications.
• Verify the source of a QR code before scanning it.
• Use Two-Factor Authentication for bank accounts and UPI apps.
• Report any suspicious activity immediately.

Keep in mind, a little vigilance can save you from big fraud.