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An Analytical Study of UPI Fraud Detection in Online Transactions in India
Subject area: Science,Engineering and Technology · Area of research: UPI Fraud Detection
DOI: 10.64388/ire1724858
Abstract
Digital transaction platforms such as UPI, NEFT, RTGS and IMPS have become popular because they are fast and can be accessed from any place at any time. Online transactions are a simple financial activity used efficiently by all people. Along with their many benefits, online transactions raise issues such as fake payment links, QR code scams and unauthorised access. This paper reviews statistical data on the usage of online transactions and related fraud in India over the last five years. It presents the reasons for fraud in online transactions and the security measures used to control it, including cyber security awareness, secure authentication methods, government regulations and banking security measures. The study examines the safety and reliability of digital payment systems in India.
Keywords
Online transaction; fraud detection; fraud prevention; UPI
References
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[2] Faisal A, et al. A systematic review of AI models for fraud detection in banking. Journal of Machine Learning, Data Engineering and Data Science. 2024;1(1):53.
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How to cite this paper
@article{1724858,
author = {Megha H. R.},
title = {An Analytical Study of UPI Fraud Detection in Online Transactions in India},
journal = {Iconic Research And Engineering Journals},
year = {2026},
volume = {10},
number = {5},
pages = {1421-1424},
issn = {2456-8880},
url = {https://www.irejournals.com/formatedpaper/1724858.pdf},
abstract = {Digital transaction platforms such as UPI, NEFT, RTGS and IMPS have become popular because they are fast and can be accessed from any place at any time. Online transactions are a simple financial activity used efficiently by all people. Along with their many benefits, online transactions raise issues such as fake payment links, QR code scams and unauthorised access. This paper reviews statistical data on the usage of online transactions and related fraud in India over the last five years. It presents the reasons for fraud in online transactions and the security measures used to control it, including cyber security awareness, secure authentication methods, government regulations and banking security measures. The study examines the safety and reliability of digital payment systems in India.},
keywords = {Online transaction; fraud detection; fraud prevention; UPI},
month = {November},
doi = {https://doi.org/10.64388/ire1724858}
}