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Digital payments in India boon for commoners but cyber-conmen get smarter, reveals RTI

Shortpedia

Content Team
Image Credit: latestly

The growing popularity of digital payments in India is proving to be a blessing not only for the common man but also the cyber-conmen, as per the latest figures revealed by RBI under RTI. The RTI reply was given to Pune businessman Prafful P. Sarda, who had sought official details of all types of online-digital-cards frauds that Indian banks have suffered with invisible conmen duping lakhs of gullible customers since 2014.