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UPI Surge By 137%; Digital Frauds Increase By 400% (RBI Data)

By Trak - 6 months ago

In the year ending in March 2024, digital payment frauds in India climbed by more than five times, amounting to 14.57 billion rupees ($175 million). The increase in fraud was noted in the Reserve Bank of India’s annual report. Digital Payment Frauds on The Rise: RBI Annual Report Since the Unified Payments Interface (UPI) was […]

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