10 dangerous digital payment scams you must know in 2026
One of the biggest digital payment ecosystems in the world is now found in India. Millions of people’s daily transactions have been revolutionized by wallets, quick bank transfers, QR payments, and the Unified Payments Interface (UPI).
However, fraudsters now find digital payments to be an appealing target due to their quick influx.
According to government data, there has been a significant increase in UPI fraud instances in recent years. In FY2023–2024, 13.42 lakh cases with losses of Rs 1,087 crore were reported; in FY2024–2025, there were 12.64 lakh cases with losses of Rs 981 crore.
