How to keep your personal, financial information safe on Google Pay, Paytm, PhonePe and other UPI apps

Secure your UPI transactions (Image: Canva)

Unified Payments Interface (UPI) apps such as Google Pay, PhonePe, and Paytm have changed the way we handle financial transactions. These apps offer a convenient, quick, and seamless way to transfer money, pay bills, and make purchases. Safeguarding your payment information on these platforms is crucial to prevent unauthorised access and potential fraud.

Here are some essential tips to help you secure your UPI transactions:

Use Strong Authentication Methods

Multi-factor authentication: Ensure that your UPI app is protected by more than just a PIN. Enable biometric authentication like fingerprint or facial recognition if your device supports it. This adds an extra layer of security.

Strong UPI PIN: Create a strong, unique UPI PIN and avoid using easily guessable numbers such as birthdays or repeated digits. Regularly update your PIN to maintain security.

Protect Your Device

Secure your phone: Always lock your phone with a strong password, PIN, or biometric lock. This prevents unauthorised access if your phone is lost or stolen.

Avoid rooting: Do not root or jailbreak your device. This can expose your phone to vulnerabilities and compromise the security features designed to protect your data.

Install reliable security software: Use a reputable antivirus and anti-malware app to protect your device from malicious software that could steal your payment information.

Conduct Transactions Carefully

Verify recipients: Always double-check the recipient’s UPI ID before completing a transaction. Small typing errors can lead to sending money to the wrong person.

Avoid public Wi-Fi: Conduct financial transactions over secure networks. Public Wi-Fi can be a hotspot for cybercriminals looking to intercept your data.

Keep Your App Updated

Regular updates: Ensure that your UPI app is updated to the latest version. Developers regularly release updates to patch security vulnerabilities and enhance app security.

Device OS updates: Similarly, keep your phone’s operating system up to date to benefit from the latest security features and fixes.

Monitor Your Transactions

Regular checks: Frequently review your transaction history to quickly spot any unauthorised transactions.

Report suspicious activity: If you notice any unauthorized transactions or suspicious activity, report it to your bank and the UPI app support immediately.

By using strong authentication methods, protecting your device with secure locks and reliable security software, and being cautious with app permissions, you can safeguard your payment information on UPI apps like Google Pay, PhonePe, and Paytm.