Payment frauds are rising, and hackers are using new tactics to fool people to get their sensitive information. Google pay fraud is a scam where a scammer finds users to hit on malicious links and leak data.
People use Google pay to transfer money to family and friends, but there is a chance when hackers could play tactics with you. This article will cover all Google pay frauds and give you tips on preventing Google pay fraud.
What is a Google Pay Fraud?
Google pay scam can be called any other fraud that scammer manipulates users into hitting money transaction via the app. Covid-19 and lockdown have transferred the way of operating business, and business people choose the digital payment mode to do money transactions.
Mobile payment app attracting over the previous two years. Google pay transactions are done with a regular debit card or credit card, and several websites are accepting Google pay UPI payment ways to make transactions. So it means hackers have a lot of chances to fool users to steal money.
How does Google Pay work?
Google pay work by allowing users to link their bank account number to the UPI by Credit/Debit card. It enables users to start online payments by scanning QR Codes to make payments for purchases.
Google Pay payment allows users to bring multiple bank accounts in one window, and the app generates a virtual address. If you want to receive money, you can share your Google pay UPI ID or QR Code or registered mobile number.
People can send you a payment request and ask for a payment, and you have to authorise them through the app, and once done, the amount will deduct automatically.
Is Google Pay secure?
Google Pay UPI App is safe and secure; all payments details are stored in private servers. You need not share your bank details; you share only your virtual address with others.
Google Pay has two types of extra security layers, the first is screen lock, and the second is PIN lock. The UPI PIN has to enter into authorised transactions.
How To Stop Google Pay Frauds
To Prevent Google pay frauds, you have to read the below points:
Do not share OTP: Never share Google Pay OTP with anyone; keep it private. Users must be enabled app lock, which provides extra protection; you can use either screen lock or PIN lock.
Keep aware of transfer scams: Hackers usually oblige purchasers to make payments to them to sell products. Users should not start Google payment to those whom they don’t know. Always use a trusted app to buy or pay.
Strong Password: If your password is weak, there is a chance to be hacked. Use a strong password including numbers, letters, and symbols; the password must contain eight characters. It would be best if you changed your password from time to time and did not use the same password with other apps.
Update App: whenever Google releases an update for the app, update the app. If you do not update the app, there is a chance of being hacked. To stop payment fraud, you must update your app.
Avoid unknown payment requests: You can receive a fund transfer request via UPI. It would be best if you double-checked before authorised payment.
Do not download unknown apps: Do not download suspicious apps. If you download it, it will install the malware in the background, and the developer can get access to your phone. They can steal your sensitive data relating to the Bank. Always download trusted apps.
Beware of fake customer care numbers: Sometimes, you may receive a call regarding banking information such as “your debit card will expire, renew now”. They will ask for a card number, CVV number and OTP. Never share banking information with anyone, and Bank never asks you to renew your debit card on a phone call.
1. What is the helpline number for complaining about the Google pay scam?
Ans: Toll-Free Helpline number in India for complaining about the Google pay fraud is 1-800-419-0157.
2. Can Google Pay get hacked?
Ans: No, Google Pay cannot be hacked because it is fully encrypted. But hackers can steal users’ login credentials if you use suspicious apps.
3. What to do if a transaction has failed, but money is deducted from the account?
Ans: Money will reverse automatically after 1-3 working days. If still not come, then contact the Bank.