![]() The mobile-based transactions on the UPI platform have been witnessing surge in 2018.Īs per National Payment Corporation of India data, the total value of transactions during 2018 had gone up to ₹5.79 lakh crore as against ₹56,670 crore in 2017. Modus operandi can be used to carry out transactions through any mobile banking and payment related app including UPO, wallets etc.,” RBI said while asking banks to take steps to create customer awareness to minimise/eliminate frauds. In no time, the victim’s money is gone from a transaction from their own device! Once done, victim’s mobile is virtually in the hands of fraudster with the all key data. A nine-digit app code will be generated on user’s device which the fraudster would ask the victim to share and this would will be followed by request to grant permissions. ![]() Modus operandi to commit fraud on digital payment ecosystems has been noticed and fraudulent transactions using Unified Payment Interface (UPI) are increasing.įraudsters would lure victims to download the ‘AnyDesk’ app using some pretext. In an alert sent to banks, the Reserve Bank of India (RBI) has warned that a new It could be a fraud to rob you off your financial information and then funds. If you get any pop-up to download an app called ‘Any Desk’ to your mobile from Play store or App store, beware.
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