Precaution can save you from cyber fraud; NCPI


Simple precaution can prevent you to become victim of cyber-crime said an expert of National Payments Corporation of India (NPCI) while addressing to media, which was organized to educate the media about the nitty-gritty of digital payment, in a workshop here in Dehradun today.

The customers should make ensure that they are alone while using the ATM and cover the keys with one hand at the time of logging your PIN. Similarly, one should look for snooping devices which could be pasted in the ATM by the fraudsters. All the bank accounts should be linked with the Aadhar and mobile number so that you would receive message from the bank if any transaction happens.

In a workshop NPCI officials informed that the company was formed in the year 2009 as the central infrastructure for various retail payment systems in India and was envisioned by the RBI as the payment utility for all banks in the country. From a single service of switching of interbank ATM transactions through National Financial Service, the range of services has now grown to Cheque Truncation System, National Automated Clearing House (NACH), Aadhaar Enabled Payment System (AePS), RuPay card, Immediate Payment Service (IMPS), Unified Payments Interface (UPI), Bharat Interface for Money (BHIM), BHIM Aadhaar, National Electronic Toll Collection (NETC) and Bharat Bill Pay.

They further informed that the BHIM app is fast emerging as preferred choice for digital money transfer. This app was launched by the Prime Minister Narendra Modi on December 30, 2016 and more than 18 million people have downloaded the app so far. NPCI has also launched a referral system to encourage use of the BHIM app



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