NPCI debunks new ‘Jumped Deposit Scam’ reports; clarifies 3 points to note



NPCI Jumped Deposit Scam: The National Payments Corporation of India clarified that reports of the ‘Jumped Deposit’ Scam do not reflect breaches on the Unified Payments Interface platform. Transactions on UPI require user intervention, and no external party can withdraw funds without the user’s authorization, ensuring the platform’s security.

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