47% of Indians faced financial fraud in the last 3 years, mainly through UPI and credit card, based on a LocalCircles survey.
47% of Indians have faced financial fraud in the last 3 years, with UPI and credit card most common targets, according to a LocalCircles survey. Out of 23,000 respondents from 302 districts, 43% reported fraudulent credit card transactions and 36% encountered fraudulent UPI transactions. The survey highlights the urgent need for safeguards and consumer awareness to prevent fraud.
June 14, 2024
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