The use of UPI (Unified Payments Interface) has become extremely convenient and popular for making payments. But with this, the cases of UPI Autopay scams are also increasing, due to which people may have to suffer huge losses. In this article, we will tell you how these scams happen and how to avoid them.
What is UPI Autopay Scam?
UPI Autopay scam happens when scammers send a link and ask you to make a payment. Through this link, you make a one-time payment, but in reality, the scammers activate your UPI auto-pay settings. This means that in future, payments will continue to be deducted from your bank account without any permission. For this, they do not even need your UPI PIN.
How to avoid scams?
- Be careful before clicking on the link: Check the authenticity of any link sent from an unknown source before clicking on it. Transact only from the official website or application.
- Check auto-pay settings regularly: Go to your UPI payment app and check auto-pay settings regularly. This will let you know for which services auto pay is active.
- Keep security settings updated: Keep your UPI app’s security settings updated and do not use weak passwords or PINs.
- Turn off unwanted auto pay immediately: If you see any auto-pay setting that you have not set up yourself, turn it off immediately and contact the concerned service provider.
- Review bank statements regularly: Review your bank statements regularly so that you can quickly identify any unwanted transactions.
Conclusion
It is very important to be vigilant to avoid UPI Autopay scams. Check your payment app settings regularly and report any suspicious activity immediately. By taking such precautions, you can ensure your financial security.