The Internet has made our lives really easy. It has not only given employment to several techies but has also made it easier for businesses to grow rapidly. From pizza to apparel, everything can be bought online today. Just like that, one of the best things that have happened just because of the Internet is money transfer. In just a few clicks, we can transfer as much funds as we want from one account to the others.
Nevertheless, while you find online fund transfer very convenient, you also need to understand how easily fraudulence is taking place these days. A situation where an individual has transferred funds and his mPIN has been stolen and a person gets stuck into a phishing scam is very common to hear these days. Therefore, you need to make sure that the UPI apps you are using are safe. Here are some of the safest online UPI apps in India that you can use without being worried.
- Airtel Thanks App: Airtel Thanks App is not only the best friend for the Airtel customers who are trying to watch the best in entertainment and make mobile bill payments but it is also an essential app for money transfer due to the various security features. One of the best and latest among these is the Airtel Safe Pay that also works with the Airtel Payments Bank. By using Airtel Safe Pay, you can ensure that all the transactions taking place in your account have your authorization in it. While the usual payments from the bank are enabled with verification measures such as OTP and Netbanking passwords, they can still fall short if facing a phishing scam. Airtel Safe Pay uses Airtel Network Intelligence to deliver an alert to your mobile number to which you must respond for the transaction to go forward. If you use Airtel Payments Bank, you also ensure that the bank account details of your primary account are not shared with the third party. The best part is that these alerts work even without an active Internet connection.
- Google Pay: Google Pay is an online payment app using UPI which can be used by everyone to carry out payments and fund transfers easily. One of the features that give it added security is that you get a fraud alert if you try to transfer money to someone who is not on your contact list. Apart from this, notable features include unlocking Google Pay using your phone’s security authentication such as biometric, pattern, or a PIN.
- PhonePe: PhonePe is one of the recent additions to the top payments apps in India. Backed up by the online retailer, Flipkart, PhonePe uses the transactions powered by Yes Bank. Although it does not have a two-step security feature, it depends on you keeping your mPIN a secret for your transactions and account to be secured.
Apart from these, there are several UPI apps that you can use to transfer funds. However, the mantra should be to stick to the safest ones to keep your money secure.