India has witnessed rapid growth in digitization in recent times. However, this has also led to a significant increase in online fraud and cybercrime cases. Now cyber criminals are cheating people with the new QR code fraud.
As the cases of QR code fraud are increasing in the country, the country’s largest public sector bank, State Bank of India (SBI) has warned its 44 crore customers about this growing scam. The bank has alerted its account holders by sharing a post regarding this matter on micro-blogging site Twitter. The bank said that if you get any QR code from any person, then do not scan it by mistake. If you do this then all the money can be withdrawn from your bank account. Apart from alerting SBI, it has also given some safety tips to its customers.
SBI wrote in its tweet, ‘You do not need to scan the QR code to receive the money. Remember the safety tips every time you make UPI payments.
What is QR Code Fraud?
SBI said that the QR code is always used for making payments and not for taking payments. In such a situation, if you ever get a message or mail that asks you to scan the QR code in the name of receiving payment, then do not scan these codes even by mistake. This may empty your account. The bank told that when you scan the QR code, you do not get the money, but the message comes that the money has been withdrawn from the bank account.
UPI Safety Tips by SBI
SBI has also given some safety tips for its customers in the tweet. So, you should keep these things in mind before doing any UPI transaction.
Verify UPI ID before making any payment.
There are certain security rules to be followed while making UPI payments.
UPI PIN is only required for money transfer and not for receiving.
Always verify mobile number, name and UPI ID before sending money.
Never share UPI PIN with anyone.
Use the scanner properly for fund transfer.
Do not ask for solutions from other than official sources.
Please use the help section of the app for any payment or technical issues.
In case of any discrepancy, seek resolution through the Bank’s Grievance Redressal Portal https://crcf.sbi.co.in/ccf/.
