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What are the ways to keep your money safe & secure?

Users should be aware of these scams and take precautions, such as not downloading unverified apps and not sharing OTPs.

A safe ecosystem is also needed to reduce fraud incidents, including app scrutiny and coordination across industry stakeholders.

Consumers should educate themselves by reading public information and verifying lending apps.

Users must take time to compare loans from apps lending through partnerships with REs.

Users should also consider buying cyber insurance to protect them from online fraud.

Fraudsters can use legitimate-sounding names to make it seem like a credible UPI platform.

QR codes should only be scanned when someone wants to make a payment.

Users should be careful in downloading right lending apps and checking reviews.

Data and documents should never be shared with unknown sources.

Click here to know more ways to keep your money safe & secure.

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