Nowadays, everyone uses UPI or online payments to make purchases. People all around the nation use apps like Phone Pay, Paytm, and Google Pay. You may rapidly send or receive money from anywhere with these apps. However, fraud also occurs when using mobile apps to make online payments. New technology is being used by cybercriminals to defraud these folks and take their money.
That implies that even a small error can quickly drain your account. In order to prevent online fraud, we’re going to share with you 5 such crucial facts that you should know before making an online payment. Tell us more.
Remember these things while paying with Google Pay, PhonePe or Paytm
Avoid using more paid apps:
Using additional payment apps on your smartphone is not advised. Install only trusted payment apps from the Play Store or App Store on your smartphone if you require more apps for making payments.
Do not share UPI PIN:
Your UPI PIN shouldn’t be disclosed to anyone. Be it a friend or a close friend. You should change your PIN as soon as possible if you believe that too many people know it.
Updating payment apps:
Additionally, you should occasionally update your online payment software. Due to the fact that the companies who create apps frequently update them, new features are added as well as safety is improved. You should also keep your app Apps updated in such a scenario.
keep screen locked:
Your smartphone should be protected, but so should your online payment apps. Even if your phone is misplaced or in the wrong hands, your bank account can often be depleted in a matter of minutes. Because of this, you should continue using screen lock in addition to the payment app. Never use the same password for your name, phone number, or birthday.
Do not click on unknown links:
We frequently click on a mysterious link that was sent to us via email or WhatsApp. You are being prompted to click on the link by cybercriminals in this scam, which we will warn you about. Your account could be emptied in a matter of seconds once you are subsequently prompted for more information. This is why you should refrain from clicking on unidentified links.
FAQ – Remember these things while paying with Google Pay, PhonePe or Paytm
Q.1 Which is best Google Pay or Paytm or PhonePe?
In order to put things into perspective, Paytm’s Q4 revenues of Rs 2,334 crore were still higher than PhonePe’s first-half 2022 revenue of Rs 1,912 crore. While PhonePe and Google Pay concentrate on UPI P2P, Paytm has won the prize for its business diversity.
Q.2 Which is more secure Paytm or Google Pay?
One97 Communications, an Indian firm, created the Paytm mobile payment app. Paytm and Amazon Pay are both excellent applications, but everyone relies on Google because of their cost-effective and safe services.
Q.3 Which UPI is best?
PhonePe.
BHIM App.
PayTM.
Google Pay.
Axis Pay.
Q.4 Is Google Pay 100% safe?
With one of the most sophisticated security infrastructures in the world, Google Pay uses many levels of security to safeguard your payment information and keep your account safe. Your information is kept private because Google Pay doesn’t divulge your actual card number when you pay in businesses.
Q.5 Does Google Pay charge a fee?
Purchases made through Google services like Google Play or Google Drive are free. Only your purchases, related taxes, and delivery costs are your responsibility.
Q.6 Can I send 100000 through Google Pay?
If you attempt to send more than 1,00,000 in a single day across all UPI apps, you may exceed your daily limit. Across all UPI apps, you attempt to send money more than ten times in one day. You ask someone for more than 2,000.