The total number of UPI transactions in October 2022 crossed the figure of 730 crore with an increase of 7.7 percent, which was valued at Rs 12.11 lakh crore. Let us tell that in September 2022, there were a total of 678 crore UPI transactions, whose value was Rs 11.16 crore. Where on one hand the use of UPI is increasing in the country, on the other hand there is an increase in the cases of frauds due to it.

UPI PIN is never required to receive money

In most of the cases of fraud through UPI, it is seen that people fall for the fraudsters without thinking and enter their 4 or 6 digit UPI PIN to receive the reward amount in their account. Let’s put After entering the UPI PIN, when the money goes away instead of coming into their account, then they come to know that they have become a victim of cyber fraud.

Users transacting through UPI should always keep in mind that we do not need to enter UPI PIN to receive money anytime. UPI PIN is always entered for payment.

Never enter a UPI pin to receive money.#UPI #becybersafe #cybersecurityawareness #cyberfraud #cybersecurity #cybercrime #cybersafe #JagoGrahakJago #AapkiApniJagriti@PiyushGoyal @AshwiniKChoubey @SadhviNiranjan @rohitksingh @IndianStandards @PIB_India @mygovindia @upichalega pic.twitter.com/vEI1MDLO1H

— Consumer Affairs (@jagograhakjago) November 17, 2022

Ministry of Consumer Affairs warned

The Ministry of Consumer Affairs has warned people to beware of fraudsters and cyber scams through UPI. The Department of Consumer Affairs has also told in a tweet on its official Twitter account that never enter UPI PIN to receive money through UPI. If you do this then all your hard earned money deposited in your bank account can be wiped out in a jiffy and you will be left with no other option but to repent.

The post Government issued a warning for UPI users! This mistake made even by mistake can empty the bank account first appeared on Rightsofemployees.com.