Is it possible for #UPI to #harm you for receiving a payment?
There are various reports on Malayalam media today about this type of harm.
Eg. Receiving rs 300 payment via UPI for a rice pan cake (pathiri) resulted in a small merchant's account freeze.
mediaoneonline.com
There are various reports on Malayalam media today about this type of harm.
Eg. Receiving rs 300 payment via UPI for a rice pan cake (pathiri) resulted in a small merchant's account freeze.
mediaoneonline.com
Reason cited by Federal Bank: there was some flagging on the sender by Gujarat cyber police. (I am curious why the sender account is allowed to initiate transfers)
And these are not alienated incidents. There are more reports coming out
mediaoneonline.com
And these are not alienated incidents. There are more reports coming out
mediaoneonline.com
A common factor in all this is
1. UPI small ticket payment
2. Muslim Merchants
3. Flagging by Gujarat Cyber Cell/police station
4. Federal Bank accounts
5. Absence of any action on Frozen account or non responsiveness even after 6 months
Payment media need to follow this
1. UPI small ticket payment
2. Muslim Merchants
3. Flagging by Gujarat Cyber Cell/police station
4. Federal Bank accounts
5. Absence of any action on Frozen account or non responsiveness even after 6 months
Payment media need to follow this
We know how @rssharma3 failed on his challenge to demonstrate the harm by displaying Aadhaar number in public (โน1 + PM Kisan subsidies )
Here public display of a QR/sharing a phone number for a small merchant results in freezing of account with its balance. Scale is changing
Here public display of a QR/sharing a phone number for a small merchant results in freezing of account with its balance. Scale is changing
More news reports are coming out with similar cases.
Federal bank issued a malayalam press statement mentioning that they take freezing action based on flagging in NCCRP portal
mediaoneonline.com
Federal bank issued a malayalam press statement mentioning that they take freezing action based on flagging in NCCRP portal
mediaoneonline.com
Loading suggestions...