Paytm Payments Bank submits list of 3,500 fraud phone numbers to Trai

To address the issue of rising cyber fraud involving SMS and call scams by using its name, Paytm Payments Bank said it had submitted a list of 3,500 phone numbers to the Telecom Regulatory Authority of India (Trai), the ministry of home affairs, and the India Computer Emergency Response Team (CERT-In).

The bank has also filed a first information report (FIR) against these criminals with the cyber cell for immediate action, emphasising the need for timely and effective legal action.

“We are extremely happy to see the proactiveness shown by Trai and the ministry in this regard. We are committed to ensuring that we block as many fraudsters and will continue to enhance our app security so that there’s no stone left unturned towards safe digital payments experience,” said Satish Gupta, managing director and chief executive of Paytm Payments Bank.