Your smartphone provides access to lots of secrets and crucial details of yours, including financial. And now as people have started making more online transactions rather than keeping cash, your phone also contains details to your bank account. Apps like Paytm, Google Pay, PhonePe, among others are used to make online payments. These apps are installed in the smartphone and can be operated very easily. Therefore, losing your smartphone or if it gets stolen can lead to huge financial losses.
Though, smartphones come with security features with the help of which no other person who is not aware of the password can access your phone. But this is also true, that cracking or figuring out the password is not that difficult for the hackers. Also, there are passcodes to lock your Google Pay or Paytm account too, but still you need to take necessary actions to prevent anyone from accessing them. Also Read: MacBook Air user? Unlock laptop using Touch ID; know how to
In case you have lost your phone or someone has stolen it, then in order to save yourself from any kind of financial losses you can remove your payment making application from the phone. There are ways to remove or block your digital payment accounts. If you are a Paytm user, then you can follow the below mentioned steps to remove your account from the lost/stolen phone. Here is how you can do it with the help of the Paytm app.
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