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UPI Safety

UPI Fraud: The #1 Digital Scam in India

1 in 5 UPI users have been targeted. Here's how to stay safe.

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QR Code = PAYMENT (Always)

Scanning a QR code ALWAYS sends money. There is no such thing as a "receive money QR code". Anyone asking you to scan a QR to receive payment is trying to steal from you.

5 Essential UPI Safety Rules

1

Never share your UPI PIN

Your PIN is for payments only. No bank or app will ever ask for it.

2

Decline unknown collect requests

Collect requests DEBIT money. Refunds are sent directly — no PIN needed.

3

Verify before paying

Check the receiver's name carefully. Scammers use names similar to businesses.

4

Don't scan unknown QR codes

QR codes only send money. There's no 'receive money' QR code.

5

Set daily transaction limits

In your UPI app settings, set a daily limit to minimize potential losses.

How Collect Request Fraud Works

Understanding the mechanism helps you spot it instantly.

1

Scammer lists a product for sale or contacts you about a 'refund'

2

They send a UPI collect request with a message like 'Refund ₹5,000'

3

The collect request looks like you're receiving money — but it's a DEBIT

4

You enter your UPI PIN thinking you'll receive money

5

Money is DEDUCTED from your account and sent to the scammer

Already been scammed via UPI?