Paytm KYC Scam has seen an increase in the past three months. Several users have seen their bank accounts completely wiped out by fraudulent KYC agents claiming to be Paytm Employees. There are many ways in which these clever people will try to lure you into giving up your details. In this article, we will tell you how you can avoid the Paytm KYC Scam and keep your bank account safe.
What is the Paytm KYC Scam?
The scam is that a person will message you informing the expiration of your Paytm KYC. He/She will tell you to renew your KYC and lure you to download an application. As per reports, these applications are AnyDesk, Quick Support, and Team Viewer. These applications will give them the freedom to control your smartphone and will let them know your Paytm Password. They will then clear out your bank account in a row of transactions. They might also try to lure you by saying that you won a lucky draw and they need your details to transfer money to your account.
Around 2000 people have suffered due to this scam. Only 36% of 2000, approximately 700 people have seen their problems resolved. Others are being currently in a transaction by RBI and Paytm.
Ways to avoid this scam?
There are several ways through which you can avoid this scam. First of all, do not trust any other person other than your Paytm App. Paytm KYC happens either through doorstep or through Paytm verified shops.
Secondly, beware of apps that require you to fill the bank, Aadhar, and Mobile details. Beware of new apps that ask for your payment details. They will run away with your money only if you let them.
Finally, beware of KYC SMS on Whats App These are fraud messages who are trying to steal your hard-earned money.
Well, we hope that you have got the hang of how the paytm KYC Scam happens and how you can avoid it. I hope you liked the article. Share it with as many people as possible.
Get Youth Related News, Movies Reviews, Technology News, News Gadgets and many more with Youth Express.
