How Fake Payment UPI Scams Work?

Fake Payments UPI refer to scams that fraudsters use to trick people into believing that they have received money or manipulate them into transferring money. Fake Payment UPI scams are used to convince people that a payment was made. These scams usually work in the following ways:

1. Fake Payment Links Scam: In this scam, fake payment links are used to request transactions. These links redirect victims to phishing sites, where users share sensitive UPI details, leading to unauthorized access.

2. Fake Payment Screenshots Scam: In this scam, fake UPI payment generators are used to create realistic-looking payment screenshots. These screenshots are displayed as proof of payment, even though no money was transferred.

3. Fake Payment Request Scam: In this scam, deceptive UPI requests are sent to people as payment receipts. However, accepting them deducts money from the recipient’s account.