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Digital money transfer has become increasingly popular among the people in the last few years. In this regard, the number of money transactions through India's Unified Payments Interface (UPI) is increasing every month. Upi money transactions What is the growth in UPI transactions in India New Delhi: UPI transactions hit a new high of 1.70 crore in January, according to NBCI data.     Accordingly, UPI transactions increased by 1.60 per cent to 1.69 crore in January, up from 1.67 crore in December 2024. This is a new record in terms of number since the digital payment system was launched in April 2016. The number of daily transactions for January was 1.43 crore, up from 1.42 crore in December. The value of daily transactions increased to Rs 19,562 crore in January. Compared to the same month of the previous fiscal, the number of digital money transactions in January increased by 39 per cent and by 28 per cent in value. Similarly, the number of transactions in othe...

Ways to protect against UPI scams, Digital payments have become normal in recent life. UPI is the foundation of digital money transactions. The stage is located. UPI has made digital money transfer easy and widely accepted. However, taking advantage of the widespread nature of this facility, fraudsters have also increased. Therefore, it is important to know the ways in which UPI fraud is carried out and how to protect against them. UPI scams Ways of Fraud: Various with UPI, platform In ways, poisoners engage in fraud. Phishing involves providing access to false links, fraudulent calls, SIM fraud , mobile screen monitoring, and money extortion. These should be known. Web of Desire: Although various methods are adopted to deceive users, fraudsters can find some correlation in their approach. Most of the time, they enter the user account by sharing basic information, believing that the information is from banks. Extra Attention: When sending or receiving money Users should pa...