How to Identify a Real or Fake QR Code - Scanning Your Bank Account Will Empty Your Bank Account

Digital payments are growing rapidly these days. People now prefer mobile payments over cash. Instant payments can be made by scanning a QR Code at shops, restaurants, petrol pumps, and even small shops. However, as digital payments have grown, so too are cases of online fraud. Many fraudsters use fake QR Codes to deceive people and withdraw money from their bank accounts.

Therefore, it's important to identify a QR Code correctly before scanning it. A little caution can save you from serious fraud. So, let's learn how to identify a real and fake QR Code.

Fraudsters often paste their fake QR Codes over the real QR codes. Therefore, whenever making a payment using a QR Code at a shop or public place, carefully examine it first. If you notice a sticker or paper stuck to the QR Code, be cautious and don't make a payment immediately.

When you scan a QR Code, the name of the person or shop to whom the money is being sent appears on the screen. Before making a payment, be sure to check that the name is correct. If the name appears different or suspicious, stop the payment immediately.

Many people, in a hurry, make payments immediately after scanning a QR Code. This mistake gives fraudsters an opportunity. Therefore, always take a moment to read the information before making a payment. Remember, caution is the best defense.

Always use a trusted and secure UPI app to scan a QR Code, such as Google Pay, PhonePe, Paytm, or BHIM. Downloading and scanning an unknown or suspicious app can be dangerous.

Many fraudsters trick people into scanning QR Codes by promising that money will be transferred to their account, but this is not the case. Scanning a QR Code often results in a request to send money. So, if someone tells you to scan a QR Code to receive money, be wary.

If you ever suspect a fake QR code or a fraudulent attempt, immediately report it to your bank or UPI app's helpline.

Also, keep your bank account's security settings strong to avoid future problems.