NPCI warns PhonePe, GPay and other UPI users about scam that Indians are losing crores to
The National Payment Corporation of India (NPCI) has issued a public advisory to alert users about the rising threat of the ‘Digital Arrest’ scam in the country. As digital payments, including UPI, gain widespread adoption, incidents of online scams have risen significantly. Indians, as mentioned by PM Modi in one of the episodes of Mann ki Baat have lost Rs 120.3 crore through digital arrest scams. In its advisory, the NPCI highlights the critical need for awareness and vigilance to protect against such fraudulent activities as India advances towards a digital-first economy.