QR Code Scanned, Account Drained? A Small Mistake Can Cost You Thousands
How a Simple QR Scan Can Put Your Money at RiskWith the rise of digital payments, QR codes have become a convenient way to transfer money instantly. However, scammers are increasingly exploiting this convenience. A single careless scan can lead to your bank account being drained.How Scams HappenFake QR Codes:Fraudsters place fake QR codes over legitimate ones in shops, restaurants, or public places.Scanning it sends your payment to the scammer’s account instead of the intended recipient.Phishing Links via QR Codes:Some QR codes may open a malicious website asking for your banking details or OTPs.Entering this information allows scammers to access your bank account directly.Compromised Apps:Using unverified payment apps to scan QR codes can expose your credentials and personal data.How to Protect YourselfVerify the QR Code Source:Only scan codes displayed by trusted merchants.Look for tampering or stickers over the original code.Use Official Apps:Always use verified bank or UPI apps for scanning QR codes.Avoid third-party apps of unknown origin.Never Share OTP or PIN:Banks or apps never ask for OTPs or passwords via QR scans.Sharing them is equivalent to giving access to your account.Enable Transaction Alerts:Activate SMS or app notifications for every transaction.Monitor your account regularly for unauthorized payments.Report Suspicious Activity Immediately:Contact your bank’s customer care if you suspect fraud.Lodge a police complaint if significant funds are stolen.Key TakeawayWhile QR codes are fast and convenient, vigilance is essential. A small lapse in judgment can result in thousands of rupees lost in seconds. Always double-check the source, use secure apps, and never share confidential information. Disclaimer:The views and opinions expressed in this article are those of the author and do not necessarily reflect the official policy or position of any agency, organization, employer, or company. All information provided is for general informational purposes only. While every effort has been made to ensure accuracy, we make no representations or warranties of any kind, express or implied, about the completeness, reliability, or suitability of the information contained herein. Readers are advised to verify facts and seek professional advice where necessary. Any reliance placed on such information is strictly at the reader’s own risk.