Internet has transformed several industries and has changed the way traders do business. The introduction of e-commerce has created a new source of doing trade for Indians but still, there are loopholes which need to fill as soon as possible.
Also Read: Paytm Alerts Users To Not Believe Any Fake Messages Claiming To Give Cashback
Paytm is one of most used digital platforms in India and we see fake apps related to Paytm time to time. These fake apps are easily available Android and iOS platforms have been creating problems for both companies and consumers. A shocking news has come from Hyderabad where many merchants have been fooled by using a fake app of Paytm. Fake ids and payment serial numbers were generated to make the app look original.
According to a report, a case was registered by Hyderabad task force to investigate the incident. During the investigation, it was found that the users downloaded the app available on Google Play Store meant for pranking people.
Named as ‘Prank Paytm’ the app shows a message just like the Paytm alert saying that the payment has been made but shopkeepers didn’t receive any payment on their ends.
The app even had a warning message that was displayed to users informing them that the app is intended to prank friends. It also warns that users would have the sole responsibility for any misuse of the app. Details of developer and promoters of the app have not been revealed and the app has been modified and has restricted its downloads.
This is a major concern for the Paytm which has experienced such things in past too. 2 recent cases involving a former Paytm employee and another person were making news which raised an alarm about the privacy and security of customers.
Fake apps or prank app of payments platforms such as Paytm, PhonePe, FreeCharge, Mobikwik are used to misguide people and earn money. When Jio announced indications of Jiocoin, apps with similar named flooded on app store and gave education on investments and cryptocurrency.
Also Read: Copycats Of Patanjali’s Kimbho Are Creating Threat To The Original App
Patanjali’s Kimbho app faced the heat when the company came to know about apps on play store that resembled their app name and even used official icons for fooling smartphone users.
#Indian #android #developers are fast. If you search #Kimbho on the PlayStore you will find a lot of fake apps. They renamed their apps with #Khombi in the title. pic.twitter.com/QbPPUwRPG1
— Elliot Alderson (@fs0c131y) June 1, 2018
To counter malicious or bad apps, Google removed 700,000 apps from its Play Store platform in 2017 and Apple had also taken steps to solve the problem but presently, it is user’s responsibility to become aware and creators should be punished for doing so.
