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UPI Payments: 10B transactions a month done, next stop 100B

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Re: UPI Payments: 10B transactions a month done, next stop 100B

#331

Post by idiotsecant »

jaystraw wrote: post #328
gruez wrote: post #213

Earlier quoted context omitted.

>There is a scam going on in India. Random females, who are either naked or scantily clothed, will call up on WhatsApp Video. If you pick up the call, say while in the bathroom and not fully clothed, they will take screenshots and threaten you that they will make that picture “viral” to extort money. This is baffling. First, how much % of the day do you spend naked? 1-2%? So the success rate of any given call is goin…

if i'm clothed 98% of the day, it was a bad day. i wear as little as possible at all times. takes all kinds, however, but i'm sitting in mccarthy, alaska rn, in a robe i brought from my home in anchorage, so i'd only have to put on pants when necessary.

Good update on your geographical situation and current pants configuration.

Re: UPI Payments: 10B transactions a month done, next stop 100B

#332

Post by unmole »

jimsimmons wrote: post #24
unmole wrote: post #21

Earlier quoted context omitted.

> Why was the PM advertising for a 3rd party wallet? He wasn't. This was PayTM making hay when the sun shone. And obviously glorifying the Dear Leader has its benefits.

So I can use his pic to promote any private business I want? That brazenly and without permission?

Why would the Dear Leader object to more photographs of him in circulation?

Re: UPI Payments: 10B transactions a month done, next stop 100B

#333

Post by fmobus »

Brajeshwar wrote: post #193

I’ve been using UPI since its very early days when it used to fail quite often. UPI is still one of the best things to happen in the financial scene in India. However, these days, personally, I’m trying to reduce it to either known people, or established institutions. I wish there is another layer of tokenization when one pays via UPI, like how Apple Pay does. I wish that the transaction is obfuscated and the phone n…

Anyone doing video calls sorta deserves it, especially if they are accepting video calls from people they don't know.

EDIT: we kind of solved this problem in Brazil (PIX is similar do UPI, predates it in fact), as the user can opt to user other identifiers, or even generate a random GUID-like identifier.

Re: UPI Payments: 10B transactions a month done, next stop 100B

#335

Post by davchana »

julianeon wrote: post #304
vinay_ys wrote: post #232

Earlier quoted context omitted.

If all it takes is a screenshot, why not just photoshop it? Why do you need to call at all? I know there are a lot of scam calls trying to get payment credentials or get people to make payments but this MO sounds quite implausible.

Because the person making the call does have proof that the victim actually picked up the call. If they needed to they could show up in person and show the blackmailing material to someone else (wife, boss), and show them on their screen that the victim picked up the call, and prove it. That's surely worth something.

Showing up in person to blackmail is a sureshot way to get beaten up by victim and their supporters in India, 99% of the times. It is like police-on-the-way pay up right now scams happening in USA. Scammer takes advantage of fear of insult of police showing up & in handcuffs. If the police actually show up, the fear is gone, it can't be undone.

The naked video chat scam, when it was new, was mostly banking on victim wanting to keep it secret or wanting to go away. Once of somebody shows up, that shame is gone; and beating ensues.

Yes, Photoshop happens, simple clothed people face gets plastered of fake screenshots.

There are plenty of other scams going on. Like international caller will call and say your son/daughter/relative is on trouble (hospital, police, accident) amd pay right now to get him saved from that said trouble.

Or caller will say that I will send you X amount of money to safe keep, but pay x/100 now to get X across.

And many.

Re: UPI Payments: 10B transactions a month done, next stop 100B

#336

Post by unmole »

fmobus wrote: post #333
Brajeshwar wrote: post #193

I’ve been using UPI since its very early days when it used to fail quite often. UPI is still one of the best things to happen in the financial scene in India. However, these days, personally, I’m trying to reduce it to either known people, or established institutions. I wish there is another layer of tokenization when one pays via UPI, like how Apple Pay does. I wish that the transaction is obfuscated and the phone n…

Anyone doing video calls sorta deserves it, especially if they are accepting video calls from people they don't know. EDIT: we kind of solved this problem in Brazil (PIX is similar do UPI, predates it in fact), as the user can opt to user other identifiers, or even generate a random GUID-like identifier.

> PIX is similar do UPI, predates it in fact

PIX was announced in 2019, UPI was launched in 2016.

Re: UPI Payments: 10B transactions a month done, next stop 100B

#337

Post by davchana »

jimkleiber wrote: post #312
Brajeshwar wrote: post #193

I’ve been using UPI since its very early days when it used to fail quite often. UPI is still one of the best things to happen in the financial scene in India. However, these days, personally, I’m trying to reduce it to either known people, or established institutions. I wish there is another layer of tokenization when one pays via UPI, like how Apple Pay does. I wish that the transaction is obfuscated and the phone n…

I'm not sure if it's possible with UPI but I know in Kenya many people will get a second, cheaper phone to use for m-pesa (mobile money), I think partially so the battery doesn't die on it but it could also reduce the types of calls you're talking about, or at least make it obvious that someone is calling your mobile money number. Is that possible with UPI? Or even a dual sim? I'm not sure if the account is tied to t…

Account is tied to person's account number. Apps usually need current crop of phones, 5-7 years old phones not supported by app store are also not supported by apps.

Re: UPI Payments: 10B transactions a month done, next stop 100B

#338

Post by davchana »

sudshekhar wrote: post #210
Brajeshwar wrote: post #193

I’ve been using UPI since its very early days when it used to fail quite often. UPI is still one of the best things to happen in the financial scene in India. However, these days, personally, I’m trying to reduce it to either known people, or established institutions. I wish there is another layer of tokenization when one pays via UPI, like how Apple Pay does. I wish that the transaction is obfuscated and the phone n…

You can create an alphanumeric UPI handle on most UPI applications. This will hide your phone number. Eg: My UPI id is sudshekhar.cheq@trans. Most other UPI apps allow you to create such handles AFAIK. Nowadays, you can also keep your bank details private by using UPI with a wallet instead of savings account.

Yes, upi ID generated by wallet app (I use PhonePe) doesn't tell others anything about my bank. It simply says money sent from davchana@ybl (YBL is Yes Bank, but my connected accounts to PhonePe are not Yes Bank). All PhonePe accounts are ybl irrespective of your connected banks.

Re: UPI Payments: 10B transactions a month done, next stop 100B

#339

Post by diebeforei485 »

bheadmaster wrote: post #327
diebeforei485 wrote: post #324

Earlier quoted context omitted.

Yes, a professional stunt pilot should pay more than someone with a 9 to 5 desk job. Yes, someone living in a high risk of car break-ins should pay more for auto insurance. Yes, someone living in a low-lying area next to the beach in a place known for hurricanes should pay more for flood insurance than someone living in Colorado. What we shouldn't do is charge people more for being of a certain race or gender. I have…

> Yes, a professional stunt pilot should pay more than someone with a 9 to 5 desk job. > Yes, someone living in a high risk of car break-ins should pay more for auto insurance. > Yes, someone living in a low-lying area next to the beach in a place known for hurricanes should pay more for flood insurance than someone living in Colorado. > What we shouldn't do is charge people more for being of a certain race or gender…

Sure, you can't control your genetics (race, gender, birth defects) but you do choose your location, occupation, eating habits and exercise habits.

There was a time when being fit required having more money, but that is increasingly not the case. You don't need to shop at Whole Foods to eat well anymore (Aldi and Trader Joes and Grocery Outlet all carry healthy foods these days).

Re: UPI Payments: 10B transactions a month done, next stop 100B

#340

Post by davchana »

ChrisMarshallNY wrote: post #293
Brajeshwar wrote: post #193

I’ve been using UPI since its very early days when it used to fail quite often. UPI is still one of the best things to happen in the financial scene in India. However, these days, personally, I’m trying to reduce it to either known people, or established institutions. I wish there is another layer of tokenization when one pays via UPI, like how Apple Pay does. I wish that the transaction is obfuscated and the phone n…

Damn. UPI shares your phone number? Instant PLONK. But I have been hearing raves about how great it is, from my Indian friends.

No, you can make any upi id, like emails. Apps, being lazy, start giving phonenumber@app id to its new users. I always have used custom@app upi ID.
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