"You are supposed to pay Rs 65,000 right away to pay your credit card bill," said a lady on the other side of the call to a 17-year-old girl (me), to whom credit cards were an alien concept. I stood still for a few minutes, panicked and disconnected the call. Well, that was a fraud call with the intention to convince me to pay Rs 65k for no reason.
Online frauds have become more common than ever. People get fake calls with exciting deals that often leave them with an empty bank account. Not just calls, pop-ups, emails, SMSes and every other possible method is used to swindle money online.
But there are always some loopholes in the whole process that you need to spot on time to keep your money safe.
If you are scared of losing your money when making an online payment, we have some tips that you should keep in mind while making online payments.
6 things to keep in mind while making a digital payment
1. DO NOT MAKE PAYMENTS ON PUBLIC WIFI
Free WiFi might sound tempting but it can be risky too. Usually, public domains are unsafe and your device gets more prone to online threats when connected to these.
Therefore, avoid using public networks as much as possible.
Even if you are using it for something urgent, simply avoid making any online transactions.
2. CHECK BEFORE YOU SCAN A QR CODE
Scan a QR code and paying has now become very common these days.
There are a lot of scams that happen using this trick. So, if an xyz person calls you and convinces you to scan a code, never do it. You might lose all your money.
Similarly, while making payments in the market or anywhere else, check before you make a quick scan.
3. USE OTP WHENEVER POSSIBLE
While making payments or using any online portal, choose the login with OTP option when you have the option. Passwords can get exposed to hackers anytime, especially the ones saved on your devices.
Choose the OTP option instead and you are good to go.
4. DO NOT FALL FOR SUSPICIOUS CALLS
Money-related frauds are many times done by a phone call.
They usually act as a bank employee or a customer care representative and ask you for details like OTP, bank account number, pins and passwords.
5. DON'T SHARE YOUR BANK DETAILS, OTPs, CVVs
You might have heard this a million times. Every time you make an online transaction the OTP comes with a warning that you should not share it with anyone. Well, you should follow this golden rule without fail.
Sharing any bank-related details like pin or CVVs can cost you a lot more than you think.
6. BEWARE OF THOSE UNSAFE LINKS
At times, you will find some weird links in mails and on messages. These are usually meant for extracting money from your bank account. People also get calls to click on a link that might also lead you to loss of money. So, never click on unverified links for online payments.