Meaning
UPI Fraud refers to any unauthorized or deceptive use of UPI for financial gain. It often involves tricking users into sharing their UPI PIN, clicking malicious links, or downloading fake apps.
Also Read: Protect Yourself from UPI Frauds
Common Scenarios
Scammers impersonate bank staff or customer service, sending phishing links or using screen-sharing apps. Once access is gained, they can initiate unauthorized transactions. Awareness and secure practices are the best defense.
