Hey guys,
So there is a new scam related to Google Pay QR Code going on to dupe individuals and particularly small businesses…. Letting you guys know as many people have lately been fallen victims to the trick.
1) You receive a message on Whatsapp or call for enquiry of some services you sell.
2) The Fraudster asks you if you accept payments via Google Pay or not…. If you mention other wallets like Paytm or PhonePe, the Fraudster insists on only using Google Pay… (“Something is Fishy! Warning 1”)
3) You send your UPI ID to the Fraudster… He insists on sharing QR Code (“Something is Fishy! Warning 2”)
4) You share the QR code…
5) Now after an hour or 2 or during business hours, the person calls you… (He/she calls during Office/business hours) Saying i am transferring the amount to your account… He asks you to stay on phone line and tries to help you… (saying go under all transactions, click pay etc… )
6) You also Receive a message in Google Pay about transfer amount and guess what it reads “Receive Money”
Here’s the trick… The fraudster is using Note feature of Google Pay to write the trick words “Receive Money”…. Google has given that option to give the context of the transaction… But notice the amount reads -5100 (Easy to miss on a Call or busy schedule)
7) After you tap on transaction, you are presented with this screen…. The fraudster asks you to enter your pin so you get the money immediately in your bank account…. However, if you are alert enough on the phone, you might notice that you are actually paying Google clearly shows the user icons etc… but Google should make this More and More obvious…
The fraudster asks you to stay on the call…. since he/she knows that while keeping you busy, it would be easier to scam you with the text “Receive Money”
Google do send you SMS which is more obvious but remember you are on the Call…..
I hope Google Pay makes it super-obvious to the person entering the PIN with alert message like “Your account will be debited with Rs. 5100” prompt message….
Be careful guys…. The fraudsters are trying new tricks to get your hard-earned money