Never call back a phone number sent to you in an email or provided through a phone call and provide confidential bank account information.The caller identifying as a Bank of Baroda Bank representative does not know details like your first name and last name.You receive a call with the caller identifying himself as a Bank of Baroda Bank representative when you are not expecting such a call and asking for confidential information.You receive a promotional message or call informing you about incentives such as a 2% downgrade on home loan rate or a free upgrade to a platinum debit card with a gift and asking you to provide confidential information.You receive an automated call telling you that a major transaction has taken place in your account and instructing you to either provide confidential bank account information or call back on a particular number.
Send the SMS to 8422009988 (Service Mobile Number).īeware of Phishing & Vishing Attacks when.Type BOBUPIBLK in the message content (keyword is not case sensitive).Go to SMS option in your registered mobile device.Setting up desired per transaction and per day limit for each added account separately through BHIM Baroda Pay app.Enhanced level of Device Binding security.New user (User who has Set/Reset UPI PIN) can transact for Rs.Two-factor of authentication and secured level of validation.Notably, the fee will not be applicable to person-to-person transactions or person-to-merchant transactions between a bank and the prepaid wallet. The issuer of prepaid instruments will also be required to pay 15 basis points of the fee to the remitter bank for loading a transaction value above ₹2,000, the circular said. No customer will pay any charges on making payments from UPI either from bank account or PPI/Paytm Wallet". Taking to Twitter, then digital payment app wrote, “Please be informed that Paytm UPI is free, fast, secure, and seamless. No charges will be paid by the cutomers, Paytm added. The new rule will be implemented from 1 April. This is likely to make the transaction costlier. The interchange fee is levied to cover the costs of accepting, processing, and authorising transactions. NPCI Press Release: UPI is free, fast, secure and seamlessĮvery month, over 8 billion transactions are processed free for customers and merchants using bank-accounts /VpsdUt5u7U- NPCI March 29, 2023
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