Tech
Govt Working With Google Pay, Paytm To Block Real-Time Payments Fraud: Report
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SUMMARY
The central govt is working with TPAPs like Google Pay, PhonePe, Paytm to implement enhanced safety measures to detect and block transaction fraud
The initiative is intended to curb fraudulent transactions carried out through TPAPs
To enable this, TPAP platforms may introduce slight delays and issue fraud alerts
The Centre is reportedly working with third-party UPI apps such as Google Pay, PhonePe, Paytm, and others to implement enhanced safety measures that can…
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