A number of Paytm users received phishing SMS that their KYC has been suspended. The company has called out the message as fake and warned the users against such frauds.
A number of Paytm customers have received a message claiming to be from the company, warning them that their KYC ( Know Your Company) has been suspended, and in order to reactivate it, the users have to call on the given number. A twitter user named Sachin Ghelani wrote on receiving the message.
The message reads, "@Paytmcare Dear PAYTM customer your paytm KYC has been suspended, paytm office PH 9330835817 account will block within 24hr. Thank you PAYTM TEAM Recived such type of msg".
KYC is the process of verifying the identity of the customer using documents like Aadhar Card or Pan Card.
The company has called out the message as fake and warned the customers against the phishing SMS. It is an act of sending text messages in an attempt to lure people into revealing account information or installing malware.
The founder of digital wallet company, Vijay Shekhar Sharma took to Twitter to warn users about the fake message which is being circulated.He wrote, " Pls don’t trust any SMS send of blocking your Paytm account or suggestion to do a KYC. These are fraudsters attempting on your account. Pls RT."
In conclusion, a number of Paytm users received phishing SMS that their KYC has been suspended. The company has called out the message as fake and warned the users against such frauds.
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