Fraud Alert! Fake UPI apps reportedly causing big losses for small traders, street vendors, wage workers; here is what you can do
Fake UPI apps imitating popular platforms like GPay, PhonePe, and Paytm are reportedly circulating on app stores. Fraudsters are targeting small traders and daily wage workers, especially those who do not use sound boxes—a device that helps merchants confirm digital payments easily. Here's how to detect them and how to be safe.
![Fraud Alert! Fake UPI apps reportedly causing big losses for small traders, street vendors, wage workers; here is what you can do](https://cdn.zeebiz.com/sites/default/files/2024/08/12/311160-mobiletelecompexels-7.jpg?im=FitAndFill=(1200,900))
It is essential for business owners and individuals to exercise caution while making UPI payments. | Representational image | Image source: Pexels