The convenience of mobile payments and banking has made our daily lives much easier. Payments, shopping and savings can now be done with ease, no matter where you are in the country. However, with the advancement of technology, the means and tools of cyber-attacks have changed, from traditional malware and exploits to clever scams from all corners of the world. Here are a few not-so-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 and call you and ask you to transfer money immediately. How they do it: Firstly, the scammers collect your information on social media platforms such as Facebook, Linkedin, Twitter, etc. Once they have enough information, they will call you, disguised as your friend or relative, and use "emergency" as the reason for the call. Once they have enough information, they will call you, pretending to be your friend or relative, and talk to you about an "emergency". Once they are convinced that you are convinced, 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 and don't transfer money easily before confirming your identity.

2. Voice fishing (Vishing)

The scammers will try to get your personal information such as Paytm Bank PIN, Paytm OTP, credit card expiry date, CVV, etc. over the phone. How they operate: the scammers will pose as Paytm employees, government officials or bank staff and ask for your personal information for reasons such as 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 calls or emails. Our team will never ask for sensitive information in this way at any time.

3. SMS phishing (smishing)

Lure you to call back the scam phone number, visit a scam website or download malicious content via SMS, email or WhatsApp message. How they work: scammers send messages telling you about winning prizes, lotteries, job offers, etc. and ask for your Paytm account or Paytm Payments bank account details. Once you provide the information, they use your account details to carry out fraudulent transactions. How to protect yourself: do not 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 conducts fraudulent transactions. How they do it: scammers will get your information through phishing, voice phishing, SMS phishing or other means. They may call you disguised as Paytm employees and try to get 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.

5. Money Mule

This refers to people who are lured into laundering stolen or illegal funds through their bank accounts. How they work: scammers will 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 then transfer the illegal funds into your account and instruct you to pass the money on to someone else - creating a chain that ultimately transfers the money to the scammer's account. This makes you a target for 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 is no such thing as a free lunch - offers or commissions that sound good may be too good to be true!

These are just a few of the common scams that scammers use.