The man felt something suspicious about the caller and this ‘refund process’. The fraudster then asked him to download a remote device control app on his phone and share the login key, siting technical glitch. A couple of days later, he got a call from a man (fraudster) claiming to be a customer support executive and promised him to offer a refund. To claim a refund, he called up to support the team of the payment gateway company. According to reports, 42-year-old software engineer lost Rs 2.28 lakh when while ordering food online he saw that Rs 280 was deducted from his bank account for some of his previous transaction. Recently, ordering food online cost an Indore techie whopping Rs 2.28 lakh. However, along with a bunch of ease, online banking comes with risk and fraud threat.

Through online banking one can easily do a cashless transaction like online shopping, ordering food online. RBI, HDFC, ICICI Bank, Oriental Bank of Commerce, State Bank of India and several other banks have issued warning against an online banking or net banking fraud that scammers cheating people of their hard-earned money with a new technique.Īs online banking has reduced customers tensions for basic transactions and allow individuals to conduct financial transactions on a fingertip via the Internet.

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