With more and more people becoming dependent on the e-payment methods and online transactions, cases of online frauds have increased. Scammers have found ingenious ways to trap users and trick them to share their banking details. Recently, there were several cases reported of QR code scam where people have been tricked into scanning a QR code to receive a money, but they didn’t receive anything and in fact, funds were deducted from their account. Scammers use perfectly good platforms like OLX to defraud people with QR code scam. In fact, OLX itself has warned users against these scams. Know how it works and how you can save yourself from becoming a victim of online frauds.
Online scammers send a QR code and ask people to scan it in order to receive money from some scheme they are running. However, once you scan the QR code, instead of the amount being credited, it will get deducted from your bank account. In fact, fraudsters can even get access to your bank account and steal your money through multiple transactions. Online scams via QR codes are one of the most common ways to steal money. So, whenever someone sends you a QR code on WhatsApp or any other platform and asks you to scan it in order to receive money, you must not get greedy, and never scan it.
1. Never share your UPI ID or bank account details with unknown people.
2. Never scan any QR code received from strangers.
3. Never share OTPs with anyone as they are confidential and used to authenticate your login details.
4. Whenever you make online transactions or send or receive money from an unknown source/people, do check if the user is genuine. If you're selling something on OLX, look for buyers’ date of joining the platform, profile photo, name, phone number and
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