Key Points
However, the convenience of UPI and internet banking have become popular targets for fraudsters due to their widespread use and ease of access...
Digital transactions, including UPI and internet banking, have become integral aspects of our lives..
Whether it's a UPI fraud, a banking scam, or a deceptive scheme offering online money transfers, scammers are constantly devising new ways to deceive people..
RBI (Reserve Bank of India) guidelines suggest that the first and foremost step in case of UPI fraud is to inform the UPI service provider (e.g., GPay, PhonePe, Paytm) about the fraudulent transaction immediately..
If the issue persists for 30 days, approach the Banking Ombudsman or the Ombudsman for Digital Complaints. Submit an official complaint to the Ombudsman following RBI guidelines for digital transactions..
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