As UPI usage soars, so do scams — Here’s how to stay protected

In May 2025, UPI transactions saw 33 percent jump in the number of transactions year-on-year and 23 percent growth in value terms. Overall, the number of UPI transactions stood at 18.68 billion in May 2025 amounting to ₹24.77 lakh crore.

What looks like a promising growth of digital transactions in terms of quantity as well as in volume has a flip side too: growing number of cyber frauds.