India, March 25 -- Trust is the backbone of real-time digital payments. The rapid expansion of UPI payments has brought convenience and efficiency, but it has also opened the door to increasingly sophisticated fraud.

As Unified Payments Interface (UPI) transactions surge and e-commerce continues its upward trajectory, fraudsters are finding new ways to exploit vulnerabilities at an alarming rate. While transaction-level fraud is largely mitigated by security measures like two-factor authentication (2FA), merchant-level fraud poses a much greater threat, carrying significant financial and reputational risks for payment service providers.

A secure merchant ecosystem is crucial to safeguarding payments , yet detecting fraudulent merchants ...