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

By

-

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 […]

The post UPI Surge By 137%; Digital Frauds Increase By 400% (RBI Data) appeared first on Trak.in - Indian Business of Tech, Mobile & Startups.

Read The Rest at :

Trak

Topics:

surge

digital

frauds

increase

Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.