While the government may be calling its digital payment application BHIM among the most successful branded software products in the country, cyber thugs may have already find a way to break into it.
Reports suggest that hackers have used the app to take out over Rs 1 lakh from an account.
The incident was reported from Babu Purwa, located in south of Kanpur. Aftab Alam Mitra Ali Naqvi, who works in a transport company, has a bank account in Axis Bank at Kidwai Nagar. He has also activated the mobile banking feature on his mobile phone.
Few days back, Naqvi received a message that Rs 5000 has been taken out from his bank account and thereafter his number stopped working.
When he reached the bank and updated his passbook, he was shocked to know that someone has taken out Rs 105000 from his account. He said someone used BHIM app to do nine transactions to take out this amount. Surprisingly, during these transactions, his SIM was deactivated.
He has lodged a complaint to police and they are investigating the matter.
When he complained about his number getting deactivated to his mobile operator, he was told that someone has taken a duplicate SIM of this number which was activated from Varanasi to know the OTP number.
So far, no call has been made from the duplicate SIM and it was only used to get the OTP number.
Launched on December 30, 2016, the Unified Payments Interface (UPI)-based BHIM mobile-app has been downloaded by 13.8 million customers till January 31, 2017, of them 3.6 million customers have linked it with their bank accounts.
Transactions worth Rs. 361 crores have so far been made using BHIM application for mobile phones.
The National Payments Corporation of India (NPCI) has said that it expects all public sector banks (PSBs) to join the digital payment mobile-based app Bharat Interface for Money (BHIM) by the end of February.