How to prevent UPI fraud?

UPI or GPay link Interface is a method to make payments digitally and is rapidly gaining popularity. Digital transactions are the need of the hour, and with the country rushing towards a cashless economy, it’s important to stay vigilant of all the loopholes in the system.

How to avoid fraud

To receive payment via UPI / GPay link you Do Not need to:

1- Click on any UPI / GPay Link
2- Install any remote APP like QR / Anydesk / Teamviewer
3- Scan any QR Code
4- Share any QR Code

Must be cautious while dealing with any such user who is asking to transfer the payment to you using the above methods.

IndiaMART offers completely secure payment services for both buyers and suppliers through the Pay with IndiaMART and Payment Protection Services.

Below are a few safety and security tips-

  • Always insist for clear and explicit  terms and conditions (in writing) of the deal/transaction  with the buyer (eg. price, payment, refund and return policy, transportation cost, and delivery method/date etc.)
  • Do not click on any UPI (Payment App) link to receive the payment from the Buyer or Person claiming to be Buyer or unknown person
  • UPI Pin is entered only when you make a payment and NOT when you receive money/payment from anyone
  • Always insist on getting payment from buyers through  PWIM
  • Do not meet buyers at unknown and unsafe locations
  • Always communicate on an official email address if a buyer is portraying as government servant/official/representative

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