Apart from this, Paytm also has a Paytm Sound Box that gives instant audio confirmations whenever a payment is made. Generally, when such transactions take place, the merchants get an SMS from Paytm, and there are in-app notifications through the Paytm for Business app. The simplest method is to ensure you check whether the payment has been transferred to your account before letting the person go. How can one be protected from getting conned in this manner? Sunny Nehra DecemAre there more cases?Īpart from the Sakinaka case, there are several videos of similar incidents online, where shop owners have caught people for using the spoof app. Fraudsters show the merchant the page, tell them the payment has been made and will appear in their account in some time, and flee.īeware : Shopkeepers are nowadays being fooled by scammers using such tricks.Īpps like #Paytm Spoof are being used to create genuine looking fake payment completion screens to cheat the merchants as shown here. The design of the app is very similar to the original Paytm app. The app then shows that the payment is made, even though no such transaction has taken place. In this case, all one has to do is feed in the merchant’s name, his mobile number and the amount that has to be paid. The trio were using an app which resembles the original Paytm app.
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