City
Epaper

SBI issues alert to it's customers to be vigilant while making payment by QR Code

By Lokmat English Desk | Updated: September 28, 2021 14:22 IST

Currently, the use of QR Code has increased rapidly due to contactless payments. With the increasing use of QR ...

Open in App

Currently, the use of QR Code has increased rapidly due to contactless payments. With the increasing use of QR codes, the risks associated with it are also increasing. The QR code has made the online payment process much easier. Meanwhile, some people are even trying to deceive people by using it. Against this backdrop, the country's largest bank, State Bank of India, has alerted its customers. QR Code is never used to receive money. You are not asked to scan the QR code when receiving payment for this. Beware of such things. If you are paying by QR code, it is important to know some important things about it.

SBI has warned its customers that QR codes are never used to make money. Meanwhile, the QR code cannot be hacked. Anyway, some people are replacing the QR code for fraud. They can also lure you to scan QR codes in any way.    

SBI took to Twitter and wrote,"You don’t receive money when you scan a QR code. All you get is a message that your bank account is debited for an ‘X’ amount. Do not scan #QRCodes shared by anyone unless the objective is to pay. Stay alert. #StaySafe. https://youtu.be/bu8JZLIHg-c"

Whenever you are asked to send a specific amount, scan the QR code using UPI apps like Google Pay, BHIM, SBI Yono etc. and then enter the amount and your UPI PIN to confirm the transaction.

Tags: State Bank Of Indiasbi
Open in App

Related Stories

BusinessAnil Ambani's Reliance Power and Reliance Infra Shares Price Drop After Bombay High Court Denies Personal Hearing In SBI Fraud Case

BusinessBig Blow for Anil Ambani In SBI Fraud Case; Bombay HIgh Court Rejects Plea Of Reliance Group Chairman

NationalBihar: Furniture Showroom Goods Worth Lakhs Gutted in Nalanda Blaze (Watch Video)

NationalVijayapura Bank Robbery: Masked Thieves Loot 12–13 Kg Gold and Rs 1 Crore Cash From SBI Branch in Karnataka

BusinessAnil Ambani’s Reliance Power and Reliance Infra Shares Crash After CBI Books ADAG Group MD In Fraud Case

Business Realted Stories

BusinessIndia's space programme soars with new milestones, eyes human spaceflight in 2025: Report

BusinessIndia's forex reserves drop further, by $2.7 billion to $687 billion in latest week

BusinessSouth Korea vows to minimise barriers for companies in meeting with biz leaders

BusinessHyundai Motor to invest $86 billion in AI, robotics over 5 years

BusinessAudit a forward-looking instrument of reform, Vice President CP Radhakrishnan inaugurates CAG's Audit Diwas 2025