Cyber fraud: Here's how you can save yourself from getting scammed online

Install verified apps to reduce the probability of falling prey to cyber crimes

Fuelled by internet and mobile penetration, digital payments have seen rapid growth in India, giving rise to multiple cashless payment applications and systems. According to the EY Global Fintech Adoption Index 2019, India is becoming a forerunner in global financial technology (fintech) adoption at 87 per cent, along with China. Data from the Reserve Bank of India (RBI) highlights that the total volume of digital payments increased nine times over the past five years. This has been driven extensively by innovations in fintech and integrated payment platforms. This growth momentum is expected to continue with the RBI projecting a target