Your mobile phone knows almost all your secrets. From your google account to bank details, everything is stored on your phone. And in such a situation if your phone gets lost or stolen then it can impact you in several ways. Almost everyone now uses online payment services to make financial transactions and hence have apps like Paytm, Google Pay, etc. installed on phones. But what if you lost your phone and it lands in the hands of some fraudster? You can lose all your savings and money in your bank account.
You must be wondering that your phone is protected with the screen lock or passwords you have set. But, it cannot be denied that there are several ways to unlock it. 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. 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.
Step 1: Call Paytm Payments Bank Helpline number - 0120 4456456
Step 2: Select ‘Report loss or unauthorized usage of wallet, debit card or savings account’ option
Step 3: Select ‘Lost Phone’ option
Step 4: Enter the Lost mobile number
Step 5: Select ‘Block Paytm account’ option
Read more on tech.hindustantimes.com