Digital transactions saw an increase for the first time in India when PM Modi announced demonetisation on November 8, 2016. After that, it was the COVID-19 pandemic that helped boost the industry so much so that now you can purchase the smallest of products from anywhere in India through online payments.
Humans have massively become dependent on them and have their details saved in every app for instant transactions. Even though digital transactions helped us through difficult times, however, the risk of fraud has also increased with time.
As per a report by The Economic Times (ET), Indians are vulnerable to fraud during digital transactions and fear it the most. But fear not, we have a few ways that will help individuals perform digital transactions with full security.
Here are 5 ways to stay secure online while making digital payments:
Use of QR Code
QR codes are the easiest way to scam a person. Many times we receive messages that have a link that leads to a QR code that we are asked to scan to receive a certain gift or a hamper, however, we never should. QR codes are solely meant for transactions and only scam them when you have the QR code physically in front of you.
Contact Customer Care
If you ever face trouble transferring money or making a digital transaction, it is always better to contact the card company or the seller. One shouldn’t try again and again, because in the process you might lose all your data to a third party.
Use of…
