Airtel Payments Banks launches ‘safe pay’ to curb online frauds

NEW DELHI: Airtel Payments Bank on Wednesday launched a mode of safe digital transactions to protect customers from online frauds, the company said in a statement.

Airtel Safe Pay is an additional wall that will prevent online frauds when customers transact through UPI (unified payment interface) or net-banking using the Airtel Payments Bank. The new payment gateway, which is free of cost, will offer protection against phishing, stolen credentials or passwords, and phone cloning, it said.

“Airtel Safe Pay leverages Airtel’s telecom exclusive strength of network intelligence to provide an additional layer of payment validation compared to the industry norm of two-factor authentication,” the subsidiary of Bharti Airtel Ltd said.