The rise of mobile payments and banking has made it easier for us to pay, shop and save. Now you can do this easily, no matter where you are in the country - our lives have become easier and more convenient. As technology advances, the means and tools of cyber-attacks have also changed, from traditional malware and exploits to more clever scams from all corners of the world. Here are some of the less common ways scammers may try to trick you::- www.deekpay.com

1. Falsification of emergency telephone numbers

The scammers will disguise themselves as your relatives or friends, call you and ask you to transfer money immediately. How they do it: They collect your information from social media platforms such as Facebook, Linkedin, Twitter, etc. Once they have enough information, they call you, posing as your friend or relative, and tell you that you are in an "emergency situation". Once they have enough information, they will call you, pretending to be your friend or relative, and tell you that you have an "emergency". When you believe them, they will ask you to transfer some money to their bank account or Paytm wallet. After transferring the money, they will quickly transfer it to another account, making it impossible to undo the transaction. How to protect yourself: don't share sensitive personal information on social media or transfer money before confirming your identity.

2. Voice fishing (Vishing)

Scammers try to get your personal information such as Paytm Bank PIN, Paytm OTP, credit card expiry date, CVV etc over the phone. How they do it: Scammers pose as Paytm employees, government or bank staff and ask for your personal information for reward points, cashback, account activation, etc. This information can then be used to withdraw money from your account without your consent. How to protect yourself: Do not share personal or financial information via SMS, phone or email. Our team will never request sensitive information in this manner at any time.

3. SMS phishing (smishing)

Lure you into calling back fraudulent calls, visiting fraudulent websites or downloading malicious content via SMS, email or WhatsApp messages. How they work: scammers send messages telling you about winning prizes, lotteries, job offers, etc., asking for your Paytm account or Paytm Payments bank account details. Once you provide the information, they use your account details to initiate fraudulent transactions. How to protect yourself: don't share personal or financial information via SMS, phone or email.

4. Identity theft

Identity theft occurs when someone uses your personal information to apply for credit cards, loans, and other services in your name, and then makes fraudulent transactions. How they do it: by phishing, voice phishing, SMS phishing or other nefarious means to get your information. They may call you disguised as Paytm employees and try to collect your details. How to protect yourself: Do not disclose personal information to strangers or third parties claiming to be Paytm representatives. Also, update your bank records when you change your contact number, address or email address.

5. Money Mule

This refers to people who are lured into laundering stolen or illegal funds through their bank accounts. How they work: scammers contact you via email, text message or job boards to persuade you to receive funds from your bank account in return for a substantial commission. They will transfer the illegal funds into your account and then instruct you to transfer the money to someone else - creating a chain that ultimately leads to the funds being transferred into the scammer's account. In this way, you may become the target of all police investigations. How to protect yourself: don't reply to emails asking for bank account details. For any overseas job offer, first verify the company's identity and contact information. Remember, there's no such thing as a free lunch - offers or commissions that sound good can be too good to be true!

These are some of the tactics that scammers use to scam people!