5 TIPS TO AVOID LOSING MONEY ON UPI
Here are the preventive measures you can take to safeguard your phone from such fraud
Ensure double protection by using a mobile password to secure access to financial apps and another password for transaction authorization
Mobile and Transaction Passwords
If your mobile phone is lost, promptly block your UPI account by contacting customer care from an alternate phone
UPI Blocking
Research UPI apps and opt for the most secure ones, as not all apps may offer the same level of safety
Choose Secure UPI Apps
Keep tabs on regulatory actions, as some UPI apps face restrictions due to supervisory concerns
Regulatory Scrutiny
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