UPI is a fantastic payment solution that allows you to send any money to anyone, anywhere in the world, without any fuss. However, as simple as it seems, it does come with certain safeguards. While UPI apps offer speedy and convenient transactions, there are some standard precautions one must follow to ensure safety. Every day, you make UPI payments, and while each transaction is secure, it’s important to follow basic UPI safety tips and practises while doing so. Security risks exist while using UPI payment apps; most users do not want to share their UPI ID with others, and those who do are stuck with many payment apps and their functionality.
Always use a screen lock on your smartphone: Having a screen lock on your smartphone is a must; make sure your phone has some kind of password security, even if it’s just a PIN code or a pattern. Face unlock is simple to utilise for iPhone users. If you’re using Android, you’ll need a password, pin, pattern, or the simplest fingerprint. This not only assures the security of your UPI app and UPI payment, but also the security of your smartphone. se a strong password to secure your phone and payment UPI apps. Most people choose easy passwords such as their name, date of birth, phone number, and so on, which should be avoided. To make your password more secure, use a combination of letters, numbers, and characters.
Keep your UPI PIN to yourself: The first rule is to never divulge your PIN. Sharing your PIN with anyone, whether a friend, family member, or even someone you deeply trust, exposes you open to fraud. Because the UPI PIN is such an important aspect of any transaction, keeping it to yourself should be a top concern. It’s not a good idea to scribble the pin down on paper or save it as a phone number on your phone. Your Pin is the only medium used to authenticate payments on UPI apps. Instead, memorise the pin and don’t tell anyone about it. You must also protect your confidentiality by not allowing anyone to look at your pin while you’re making a payment. If you believe your UPI Pin has been compromised, you should change it immediately.
Do not click on any link if you are a victim of a scam: Scammers use innocent people who are technologically challenged to trick them into clicking on a random link to transmit money. When you click on these links, the scammer will ask you to enter your UPI pin in order to get the money; however, as soon as you do, the desired amount will be transferred to the scammer’s account. These types of scams are on the rise, and you should be cautious when clicking on any link that appears suspicious. Follow these UPI app safety guidelines to avoid being a victim of spam calls. You can also report these bogus calls to the cyber police.
Check the UPI ID’s registered identity to make sure it’s correct: Before completing the transaction, you should confirm the recipient’s identification. The registered identification of the recipient displays on your device’s screen as soon as your UPI app recognises the QR code or as soon as you manually enter a number or VPA for payments. It is usually a good practise to double-check the registered identity by interrogating the involved individual before allowing the transaction to proceed. You can confirm that the correct amount is given to the correct recipient this way. Because UPI transactions are irrevocable, you must follow UPI Safety Tips.
Disable screen sharing and recording if you don’t want to share your screen: Screen-sharing programmes should not be provided access to your UPI applications. This is because some untrusted apps can lead to data breaches, placing your sensitive financial information, such as passwords and one-time passwords, at risk. You can always go into the settings of such screen-sharing software and turn off blanket access for them.
Despite the fact that UPI app Safety Tips are a necessary because it is a relatively new payment mechanism, it has already sparked a lot of interest from all sectors of the transaction ecosystem, as well as some unwanted attention from unscrupulous actors. However, as long as you follow the recommendations given above, you should be safe from current and possibly future UPI scams. As a result, keep yourself protected and your money safe!
