State Bank of India (SBI) has issued an important warning for its customers using UPI.
With UPI transactions increasing rapidly in the country, fraud cases are also on the rise.
Millions of people conduct transactions worth crores of rupees every day, making them potential targets for scammers.
SBI has asked its customers to be extra cautious and avoid falling victim to fraudulent schemes.
SBI Sends Alerts via Text Messages
To raise awareness, SBI has sent text messages to millions of its customers.
The key advice includes:
Do not return money immediately if an unexpected deposit appears in your account.
Always verify any UPI request before approving it.
As digital payments grow, so does the risk of fraud.
Banks are now actively sending alerts to help customers stay safe.
How Scammers Trick UPI Users
Fraudsters are constantly inventing new ways to cheat people.
One common method is the use of fake UPI apps that look exactly like real ones.
Many users download these apps unknowingly, making them easy targets.
Cybercriminals may:
Make a fake transaction to your number.
Send a message claiming you received money.
Call you using the fake message as “proof” to trick you into sending money back.
These messages are completely fake and are designed to confuse users.
UPI customers need to remain vigilant and avoid responding to such scams.
Key Tips to Stay Safe
Always verify UPI requests before approving them.
Do not trust unexpected money transfers without checking with your bank.
Avoid downloading unknown UPI apps from unofficial sources.
By staying alert and cautious, users can protect themselves from UPI fraud and enjoy safe digital transactions.
