Google Pay, Paytm, PhonePe user? These tips will stop you from losing money

tech.hindustantimes.com:

There are several Unified Payment Interface (UPI) apps like Google Pay (GPay), Paytm, PhonePe, among others that can be used to do online transactions. Online payments have increased in India mainly after the outbreak of the coronavirus pandemic. However, while making payments via these apps you need to be aware of all the top UPI payments safety tips and tricks and thereby save yourself from suffering any money loss. You need to be alert and stay protected from online or cyber fraud too. Even a simple click on the wrong link can lead you in trouble by revealing all your crucial details to the fraudster.

The process of making online payment is very simple and easy, All you need to have is a smartphone which has any of the online payment making apps downloaded in it, and a bank account linked with your mobile number. You will have to register on the app in order to start using it. If you use any of the apps like Google Pay, PhonePe, Paytm, etc. you need to take care of certain things to avoid fraud and loss of money. Here are some of the safety tips which you should consider while making UPI payments. Also Read: Google Pay Hinglish? Yes, it exists! Here's how to enable it on iPhones and Android devices

1. Screen lock: Keeping a strong screen lock, password or PIN not only for your phone but also for all payment or financial transaction apps is very important. It not only saves your phone from landing in the wrong hands but also helps in avoiding leaking of personal and crucial details. However, you should avoid keeping simple passwords like your name, date of birth, mobile number, etc.

2. Do not share your PIN: You should never share your PIN with anyone. Sharing your PIN makes you vulnerable for frauds as anyone can access