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Research Paper | Computer Science and Engineering | Volume 15 Issue 3, March 2026 | Pages: 283 - 286 | India
An Empirical Study on Cybersecurity Risks in UPI-based Digital Payment Systems
Abstract: The rapid development of digital payments in India, particularly through the Unified Payments Interface (UPI), has changed the financial landscape by enabling fast, interoperable, and user-friendly transactions. However, the rising volume of digital transactions has concurrently increased cyber threats such as phishing, malware attacks, identity theft, and fraudulent UPI links. This research paper aims to analyse the cybersecurity risks associated with UPI-based payment systems, evaluate user awareness and protecting behaviour, and examine the effectiveness of existing security measures applied by banks and FinTech platforms. Using both primary and secondary data, the study reveals key weaknesses, user behaviour gaps, and systemic challenges affecting cybersecurity in digital payments. The paper concludes with strategic recommendations to strengthen UPI security and enhance user trust in India?s digital financial ecosystem.
Keywords: Unified Payments Interface (UPI), Cybersecurity, FinTech platforms, Digital Financial Ecosystem
How to Cite?: Dr. Ranita B. Valave, Pramod D. Borhade, "An Empirical Study on Cybersecurity Risks in UPI-based Digital Payment Systems", Volume 15 Issue 3, March 2026, International Journal of Science and Research (IJSR), Pages: 283-286, https://www.ijsr.net/getabstract.php?paperid=SC26210223931, DOI: https://dx.doi.org/10.21275/SC26210223931