NPCI Warns Users of 'Call Merging Scam' Targeting OTPs
1 month ago

NPCI Warns Users of 'Call Merging Scam' Targeting OTPs

Deccan Chronicle  

Mumbai: The National Payments Corporation of India has warned users about a new scam used by cyber criminals known as ‘Call Merging Scam’ which targets users by tricking them into revealing their One-Time Passwords leading to financial losses. According to NPCI, this scam unfolds when perpetrators call individuals under the pretense of an event invitation or a job interview. In order to safeguard oneself from falling prey to Call Merging Scam, NPCI has advised people to never merge calls with unknown numbers, unfamiliar sources. According to a news report citing data from Home Ministry's Indian Cyber Crime Coordination Centre, India has endured a loss of around ₹11,333 crore to cyber scams in the first nine months of 2024.

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History of this topic

NPCI planning to stop 'collect calls'. Here's why
5 days, 20 hours ago

NPCI planning to stop 'collect calls'. Here's why

India Today  

The National Payments Corporation of India is moving towards curbing online payment frauds by phasing out 'collect calls' for merchant transactions, reported The Economic Times. Since most consumers are already familiar with QR codes and app-based payments, banks and regulators believe removing collect calls will not disrupt UPI transactions. On the other hand, most fraudsters often create fake websites and …

Scams happen without OTP: Learn how to protect yourself and stay safe
3 weeks, 5 days ago

Scams happen without OTP: Learn how to protect yourself and stay safe

India TV News  

Scams happen without OTP: Learn how to protect yourself and stay safe Have you ever considered that you could be scammed without sharing your OTP? Scammers are always on the lookout for new ways to trick people, and recently they've found a method that allows them to steal money from bank accounts without needing an OTP. However, they have recently …

Hooked on to a scam: How call merging lures you into losing money
1 month ago

Hooked on to a scam: How call merging lures you into losing money

New Indian Express  

The latest in the ever-evolving 'scam-scape' is the call merging scam, a simple yet crafty phishing method that baits unsuspecting phone users and reels in sensitive information. The scam begins with a call from a fraudster who pretends to be a friend or acquaintance, claiming they got the victim's contact details through a mutual connection. Unaware of the trap, the …

Beware! Fraudsters using call merging to steal OTPs, NPCI alerts: What is it and how to stay safe
1 month ago

Beware! Fraudsters using call merging to steal OTPs, NPCI alerts: What is it and how to stay safe

Live Mint  

The National Payments Corporation of India has issued a warning about a new scam that fraudsters are using to exploit call merging techniques. They cautioned users, stating: "Scammers are using call merging to trick you into revealing OTPs. As soon as the OTP is provided, the fraudsters execute unauthorised transactions, resulting in financial losses for the victim. How to stay …

Explained: What is the call merging scam and how can you stay safe
1 month ago

Explained: What is the call merging scam and how can you stay safe

Hindustan Times  

The National Payments Corporation of India issued a warning about a new call merging scam through which users unwittingly share One-Time Passwords, allowing scammers to steal their money. A new cyber fraud merges calls to trick users and steal money The NPCI which developed the Unified Payments Interface, stated on its X account, “Scammers are using call merging to trick …

NPCI issues UPI warning: Call Merging scam risks emptying bank accounts
1 month ago

NPCI issues UPI warning: Call Merging scam risks emptying bank accounts

India TV News  

NPCI issues UPI warning: Call Merging scam risks emptying bank accounts NPCI has warned UPI users to be cautious about a new scam known as the Call Merging Scam. Recently, cyber criminals have started exploiting a new tactic known as the Call Merging Scam to deceive unsuspecting individuals. According to NPCI, this scam unfolds when perpetrators call individuals under the …

NPCI Clarifies on Jump Deposit Scam
2 months, 1 week ago

NPCI Clarifies on Jump Deposit Scam

Deccan Chronicle  

Mumbai: The National Payments Corporation of India on Monday debunked recent media reports on online fraud called the Jump Deposit Scam. NPCI said that the media report had certain inaccuracies and technical discrepancies that has led to unnecessary panic and confusion among users about the UPI platform. “We would also like to clarify that no instances of fraud, as described …

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