In the past, various efforts are being made by Paytm to protect customers from fraud. Recently, Paytm Payment Bank (PPB) has submitted a list of 3,500 phone numbers to the Ministry of Home Affairs, TRAI and CERT-In.
According to the statement issued by the company, this security feature will scan the apps on the user’s device. If any such app is found, the user’s bank account is in danger, then they will give a security alert.
The meaning of the alert is that you should uninstall this app. If you do not do this, then no transaction will be possible with Payments Bank.
Depending on the danger level present on the transaction, the AI will either slow down the transaction or block it before the payment is completed.
Recently, Paytm Payment Bank has submitted a list of 3,500 phone numbers to the Ministry of Home Affairs, TRAI and CERT-In. Not only this, but Paytm Payment Bank has also lodged an FIR against these people in a cyber cell to prevent fraud.