What is Lack of knowledge?

What is Lack of knowledge? | Comingfly

What is Lack of knowledge?

The Lack of knowledge is become a quick affair. It is a simplified
payment option being operated by National Payments

Corporation of India (NPCI), allowing you to instantly

transfer money between any two bank accounts

using a PIN. Now, while this mode of transfer is

convenient and easy, there are certain downsides to it

that can put you in helpless situations.

Lack of knowledge and accidental transfers are the

main reasons why users get tricked into these frauds.

Please ensure you DO NOT fall for such scams. Such

people might contact you through:

Calls:

Calls are the most common form of UPI frauds, since

there's a direct contact, giving the fraudster full

control of the victim's account. These fraudsters may

sometimes even pose as government officials to

scam people

SMS:

Suspicious activity

alert! Unknown

transactions have

been made on

your debit card.

Please share your

UPI ID, UPI PIN

and Card details

immediately so

we can look into

the matter.

Although most people prefer making UPI payments

using a smartphone, please be informed that UPI can

be accessed even through a basic feature phone.

Therefore, never share your bank details or UPI ID and

PIN through SMS or by means of text messages with

anybody.

E-mails: Some of these fraudsters also send emails

to users asking for their UPI information. As a

common example, people might receive emails about

how they've been double charged for a certain item

they bought online. Further, they ask these users for

their UPI ID and PIN with an intention to return their

money, creating false hopes to retrieve information

Fake bank apps:

MOBILE BANKING

UPI ID

UPI PIN

XXxoxox

XXwwxx

SUBMIT

Fraudsters can go up to the extent of designing fake

apps to extort money. They confuse people into

downloading these fake apps, which when entered

with bank details of the customer, saves it. They later

use this information to steal money from their

accounts. Therefore, always verify before

downloading payment related applications on

Fraudsters can go up to the extent of designing fake

apps to extort money. They confuse people into

downloading these fake apps, which when entered

with bank details of the customer, saves it. They later

use this information to steal money from their

accounts. Therefore, always verify before

downloading payment related applications on your

mobile.

Frauds can happen wherever there's money involved

It can happen on the phone, on the internet or even

during a face to face conversation. Through this

advisory, we want to reaffirm our customers that ixigo

does not indulge in stocking

Note: UPI-PIN (UPI Personal Identification Number) is

a 4-6 digit passcode you create/set when you

PIN to authorise all bank transactions. UPI frauds are

highly dependent on your UPI PIN. Under no

circumstances must you share your UPI PIN details

with anybody else.

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