Common UPI Payment Mistakes: While making payment through UPI, a mistake can be made in sending money to the wrong person in a hurry. Therefore, before completing the transaction, check the name of the receiver and UPI ID carefully. Double check the information especially when sending large amounts of money.
UPI Payment Mistakes: UPI has made sending money and making payments very easy. The transaction is completed within a few seconds. But this haste can sometimes become the cause of problems. Cyber thugs can take advantage of small carelessness and cheat people. In such a situation, it is very important to take some important precautions while using UPI.
Check receiver before sending money
While making payment through UPI, a mistake can be made by hastily sending money to the wrong person. Therefore, before completing the transaction, check the name of the receiver and UPI ID carefully. Double check the information especially when sending large amounts of money. It can be difficult to get back money sent to the wrong account.
Do not tell UPI PIN to anyone
UPI PIN is very important information to your banking security. Do not share it with bank employees, customer care, shopkeepers, friends or any unknown person. If someone asks for PIN over phone or message. If someone says that you have to enter UPI PIN to send money to your account, then do not trust his words.
No need to enter PIN to withdraw money
If someone says that you have to enter UPI PIN to send money to your account, then do not trust his words. Generally PIN is used for payment or sending money. Entering PIN on the request of an unknown person can be harmful for you.
Beware of unknown links and QR codes
Do not click on unknown links sent in the name of refund, cashback or any offer. Similarly, avoid scanning the QR code of any unknown person. Before scanning the QR, definitely check to which person or account the payment is going.
Keep phone and UPI app secure
In the phone which has UPI app, make sure to install screen lock and necessary security features. Keep updating the mobile and UPI app from time to time. Also avoid allowing banking information or sensitive data to any unknown app.
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