Indians have lost Rs 485 crore in the financial year 2024-25 due to fraud in UPI payments. There were 6 lakh 32 thousand incidents of fraud with people. At the same time, from the year 2022-23 till now, 27 lakh people were cheated and users lost Rs 2145 crore. The reason for this is said to be the increase in the number of users, and the increase in the total number of transactions in the real time payments system.
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Disclosure that increases tension regarding UPI payment in India! More than 6 lakh frauds in 1 year, fraud of Rs 485 crore
