UPI Fraud Prevention

byPaytm Editorial TeamLast Updated: July 16, 2025

Definition

UPI Fraud Prevention includes all strategies and user behaviors aimed at protecting UPI users from unauthorized transactions. The focus is on education, technology, and responsible usage.

Best Practices

  • Never share UPI PIN or OTP
  • Use official UPI apps only
  • Enable app locks and transaction alerts
  • Report suspicious activity immediately to your bank or UPI provider

These steps reduce risk and ensure safer digital transactions.

You May Also Like

Payment ProcessorLast Updated: August 12, 2025

Meaning A Payment Processor is a company or system that handles the technical aspects of moving payment information…

Recurring e-MandateLast Updated: August 19, 2025

Full Form & Meaning An e-Mandate (Electronic Mandate) is an online standing instruction set up by customers to…

Video KYCLast Updated: August 19, 2025

Definition Video KYC (Know Your Customer) is a digital method of verifying a customer’s identity through live video…