Google Pay users, here are 5 important safety tools that you should not ignore

Consumer confidence in UPI as a form of payment has grown steadily over the past few years. The pandemic and subsequent shutdown resulted in businesses and individuals accepting digital payments faster than ever. This led to the emergence of the buzzword – ‘Contactless payments’ as people started using it for essential services including mobile phone charging, utility bill payments, and purchases. online. And, the monthly data shared by NPCI clearly reflects the acceleration in digital payments in the country.
While the country has seen an uptick in the digital payments space, there are also concerns surrounding an increase in cases of online payment fraud. As one of the important players in the field of UPI, Google says that it always puts safety and security at the heart of Google Pay experience. Google Pay comes with various features to help users protect themselves against fraud. Here are the safety tools built into the Google UPI app.
Secure access via UPI PIN: The PIN entry screen in Google Pay has been secure against remote desktop attacks since the early days of the app, keeping our users safe, even when scams on widespread has affected other digital payment users.
Block fraudsters from accessing Google Pay: There is a risk relationship check at the introductory stage; it prevents known bad guys from recreating their accounts on the app.
Fraud protections: Google Pay uses machine learning-based phishing prevention models and also displays clear warnings if a user receives a request from someone suspicious or not in their contacts.
Clear language and prominent warnings during collection requests: Collect requests because streams are unique to UPI and thus may be new to some users. For this reason, Google Pay displays very clear and prominent warnings to users about what it entails at each step.
SMS notifications and alerts clearly indicate the direction of cash flow: Google Pay will send app notifications as well as SMS to notify users each time they receive a collection request stating that approving the request will deduct funds from the user’s bank account.