PhonePe, India's leading digital payment app and fintech platform, made an official announcement about a misleading video claiming that "fake apps can make UPI payments". The company drew customers' attention to the false claims on social media and said they were untrue. To make UPI transactions, the user must need authorised or licensed third-party application providers (TPAPs).
The fintech company advised users to be cautious and avoid such misleading videos. India Achievements in 2024: India Emerges As Global Leader in Space, Nuclear Energy, AI, Infrastructure, Biotech, Pharma, Blockchain and Other Sectors. UPI payments can only be made via authorised apps.
Stay informed, stay safe. pic.twitter.
com/cTNczSEiZQ — PhonePe (@PhonePe) December 31, 2024 (SocialLY brings you all the latest breaking news, viral trends and information from social media world, including Twitter (X), Instagram and Youtube. The above post is embeded directly from the user's social media account and LatestLY Staff may not have modified or edited the content body. The views and facts appearing in the social media post do not reflect the opinions of LatestLY, also LatestLY does not assume any responsibility or liability for the same.
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PhonePe Official Announcement: India’s Leading Platform Advises Users Not To Trust Social Media Claims on Fake Apps Making UPI Payments
PhonePe issued an official announcement advising users not to trust social media claims about fake apps allegedly making UPI payments.