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Jumped Deposit Scam: Can your bank account be emptied as soon as you enter your UPI PIN? NPCI gave this update..
In today's changing times, not only technology is advancing with time, the methods of cybercriminals are also changing.
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NPCI issues clarification on ‘Jumped Deposit Scam.' 3 key things to know
The scam escalates when users, in their haste, authorise these requests by entering their UPI PIN, mistakenly believing it's required for verifying account balances. NPCI stated that a ... consult ...
What’s in NPCI’s wallet? A plan to unclog banking channels
The National Payments Corporation of India (NPCI) and the mobile wallet industry are considering reducing the interchange fee ...
Can a Single Click Empty Your Bank Account? Is the JUMP DEPOSIT SCAM Real? NPCI Issues Clarification
Recently, the so-called Jump Deposit Scam has been creating a lot of buzz online. Various reports circulating online have ...
Business Standard14d
NPCI clarifies misconceptions about Jumped Deposit scam, no fraud reported
The NPCI emphasised that UPI transactions are backed by robust ... In this scam, fraudsters deposit a small sum of money into the victim's bank account through UPI. Once the victim notices the deposit ...
Deccan Chronicle15d
NPCI Clarifies on Jump Deposit Scam
Mumbai: The National Payments Corporation of India (NPCI) on Monday debunked recent media reports on online fraud called the Jump Deposit Scam.NPCI said that the media report had ...
Mint15d
NPCI clarifies on ‘Jumped Deposit’ scam in UPI payments, dismisses any fraud incidents
The National Payments Corporation of India (NPCI) clarified recent media ... payment system that securely connects a user's account to their registered mobile number and device. “Simply opening a UPI ...
From Feb 1, these UPI transactions to be declined by the system. Check details here
All transaction IDs which carry special characters will be declined by the central system, National Payments Corporation of ...
Financial institutions need to have another aggregator to protect them from frauds: DFS Secy Nagaraju
Financial institutions need an aggregator like NPCI to protect against rising fraud risks in banking operations.
IDFC FIRST Bank Launches all new FIRST EARN RuPay Credit Card
VMPL New Delhi [India]1 IDFC FIRST Bank in partnership with RuPay a global card payment network from India proudly announces ...