State Bank of India warns against QR code fraud

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State Bank of India warns against QR code fraud

The country’s top lender State Bank of India (SBI) is very active on social media and time to time releases tutorials, alerts and information for its customers for safer banking practices.

Recently, SBI issued an alert relating to QR scans. It has alerted people not to scan QR Codes shared by anyone unless the objective is to pay.

With the onslaught of the COVID-19 pandemic, online transactions have gained a lot of prominence. However, one must be extremely vigilant and cautious while carrying out online transactions.

QR codes have become an increasingly popular modus operandi for fraudsters to cheat people. With more and more people moving to online transactions, fraud related to the same has been on the rise. So, next time someone asks you to make payments by scanning a QR code, be super alert.

Surjitt Sahani

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