New Delhi, Feb. 19 -- The National Payments Corporation of India (NPCI) has issued a warning about a new scam that fraudsters are using to exploit call merging techniques. This method tricks individuals into revealing their One-Time Passwords (OTPs), leading to significant financial losses.

NPCI, the organisation behind the Unified Payments Interface (UPI), highlighted the issue on social media platform X. They cautioned users, stating: "Scammers are using call merging to trick you into revealing OTPs. Don't fall for it! Stay alert and protect your money."

The scam works by fraudsters calling unsuspecting individuals while pretending to be a friend or acquaintance. They claim to have obtained the user's contact details from a mutual con...