Transaction Limit Increased for Hospitals and Educational Institutions:RBI

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Reserve Bank of India (RBI) has recently announced a significant increase in the transaction limit for the Unified Payments Interface (UPI) in hospitals and educational institutions. The new limit has been raised from Rs 1 lakh to Rs 5 lakh. This change aims to simplify and enhance large payments in these critical sectors, offering greater convenience to consumers and streamlining financial operations.For hospitals, this move will facilitate easier payments for high-value medical treatments and services. Patients and their families will be able to make large payments without facing complex processes or restrictions, improving their overall experience. Similarly, educational institutions stand to benefit by offering more flexible payment options for tuition fees, hostel charges, and other expenses, making the process smoother for students and parents. The RBI’s decision reflects its ongoing efforts to promote digital payments and encourage a cashless economy in India. By increasing the ...

Crypto Phishing Scams: How to Spot and Avoid Them

https://ai-worldinfo.blogspot.com/2024/01/crypto-phishing-scam-what-is-it-and-how.html







To stay safe from crypto phishing scams,

Follow these essential tips:

1Verify the Source: Always verify the sender's email address or website URL before clicking on any links or providing any information. Look out for slight misspellings or unusual domain names that may indicate a fraudulent source.


2.Use Two-Factor Authentication: Enable two-factor authentication (2FA) on your cryptocurrency accounts for an added layer of security. This makes it harder for scammers to gain access to your accounts.


3. Be Cautious with Links: Avoid clicking on links in unsolicited emails or messages. Instead, visit the website directly by typing the URL into your browser.


4. Watch Out for Urgency: Be wary of messages that create a sense of urgency, such as threats of account suspension or limited-time offers. Scammers use these tactics to pressure you into making hasty decisions.


5. Verify Offers: If an offer seems too good to be true, it probably is. Verify any offers, such as free coins or tokens, by researching the source independently.


6. Educate Yourself: Stay informed about common crypto phishing scams and the latest techniques used by scammers. This knowledge will help you recognize and avoid potential threats.


7. Use Reputable Exchanges and Wallets**: Stick to well-known and reputable cryptocurrency exchanges and wallets to reduce the risk of falling victim to scams.


By following these tips and staying vigilant, you can protect yourself from crypto phishing scams and keep your cryptocurrency investments secure.





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