New Delhi, Dec. 5 -- In the nation's rapidly evolving digital payment ecosystems, one simple rule remains indispensable: never share your credit or debit card OTP with anyone over the phone or via text messages.

Financial institutions and banks have continued to warn their customers about the rising incidence of fraud. Cybercriminals are now deploying increasingly sophisticated and advanced techniques to extract vital information, such as one-time passwords (OTPs) and CVVs, to execute unauthorised transactions within seconds.

Scammers generally impersonate bank representatives, delivery agents, telecom staff, or even RBI officials to gain the victim's trust. Not only this, but they also create a false sense of urgency, claiming that the...