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Paytm, GPAY, PhonePe users get new updates, online fraud’s tension ended!

BHIM, GPAY, Paytm, PhonePe, UPI Fraud Prevention, Financial Fraud Risk Indicator, UPI Safety Update
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The big tension of users making online payment.

The more easy the technology has made our life as easy, the more dangers are there. The biggest change that has come since the internet’s access has come in money transactions. Now most of the people pay through online medium whether someone wants to send money or shop from the shop. Separate people are resorting to online payment in all places. If you also pay online, then there is good news for you. Now your digital payment is going to be even more safe.

In fact, in the recent past, many cases of fraud have been reported in digital payment. From telecom companies to the government to prevent cybercrime and online fraud, new steps are being taken. If you use UPI apps like Paytm, PhonePe, Google Pay and BHIM, then there is good news for you. Now your online payment will be completely safe. Cyber ​​criminals will no longer be able to break your money.

Online payment will be safe

Let us tell you that a new security shield has been prepared by the telecom department to protect digital payment. The name of this new security shield is Financial Fraud Risk Indicator. The work of this new tool introduced by the telecom department is to identify mobile numbers that may be involved or involved in fraud.

Suspected numbers will be block

If a mobile number is being used for cyber crime, then Financial Fraud Risk Indicator will immediately block it. Not only this, this tool will also alert users with cyber fraud. For example, if a suspicious number is involved in an online transaction, the Fri tool will identify it and immediately alert financial institutions. This will completely eliminate the possibility of fraud with users.

Financial Fraud Risk The biggest special thing in Indicator tool is that it will not work only for banks. Rather, it will also alert users with online frauds on platforms like Non -banking platforms i.e. Paytm, PhonePe, GPAY. This latest tool will strictly monitor the numbers that have already been found involved in any fraud, whose KYC or Verification is not complete or those who are violating the rules.

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