⚠️ Scanning QR Codes to Pay? Watch Out — People’s Bank Accounts Are Emptying
QR code payments are quick and convenient, but fraudsters are exploiting them. Here’s what’s happening and how you can protect yourself.1️⃣ 📲 The QR Code Payment TrapScammers replace legitimate QR codes with fake ones.When you scan a fake code, your bank account may get linked to the fraudster instead of the merchant.Transactions appear normal, but money goes straight to the attacker.💡 Tip: Always verify that the QR code is official and securely displayed.2️⃣ 🕵️ How Fraudsters OperatePlacing stickers with fake QR codes on shops, ATMs, or restaurantsSending QR codes via WhatsApp, emails, or social media claiming discounts or refundsUsing apps that mimic legitimate payment portals💡 Red flag: Unsolicited QR codes promising instant rewards or refunds are usually scams.3️⃣ 🛡️ Steps to Protect Your bank AccountVerify the QR code before scanning: check merchant name and amount.Use trusted apps like google Pay, PhonePe, or paytm directly, not links sent by strangers.Never share OTPs, PINs, or CVV numbers after scanning a QR code.Enable transaction alerts on your bank account to catch suspicious activity early.💡 Extra tip: Avoid scanning codes in unmonitored public places like street markets.4️⃣ 🏦 What to Do If You Suspect FraudImmediately contact your bank to block transactions and freeze accounts if necessary.Report the incident to cybercrime authorities (e.g., National Cyber Crime Reporting Portal in India).Change your UPI PIN and linked app passwords right away.💡 Pro tip: Quick action can prevent bigger losses and help authorities track scammers.5️⃣ ⚡ Bottom LineQR code payments are convenient, but scammers are actively targeting unsuspecting users:✅ Verify QR codes before scanning✅ Use official payment apps only✅ Never share OTPs or PINs✅ Monitor your account for unusual transactions💡 Remember: A second of caution can save you thousands of rupees. 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.