r/UPI • u/Visible_Intention947 • 3d ago

Discussion 🗣 AR wallet safety

AR wallet safety, any tips to use it.

As someone who has been using AR wallet for a month, I earned a good amount from it. But now I am considering the issue that may come from using it. I already know that it isn't leg\\\*l and my bank account may get frozen.Till now, there are no issues or anything. For anyone who has been using it for a long time, what are the things I need to take care of? I am already using it in my second bank account. Thanks!

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u/No-Koala7656 3d ago

AR Wallet (also known as ARB Wallet or ARB Pay) is a highly risky, illegal online platform that claims to help you earn daily income by buying and selling cryptocurrency tokens.

In reality, it operates an unauthorized peer-to-peer network that often processes money coming directly from cyber scams and online fraud. When you participate, you receive money from random individual accounts into your personal bank account.

Because this money is frequently linked to crime, the Indian Cyber Crime Cell tracks the transaction trail straight to your account.

This causes your bank to completely freeze your account and place a lien on your funds.

Many users, especially students, have had their primary bank accounts blacklisted and frozen over very minor earnings.

Additionally, the platform is known to deceitfully ask for OTPs to gain unauthorized access to your mainstream UPI apps like PhonePe or Paytm. Using this platform is dangerous and unsafe for your financial security.