First of all, if you have an Axis Bank credit card, immediately disable your international transactions. Many Axis Bank credit card holders have reported fraudulent transactions on their credit cards today without the need for OTP. Numerous people have posted about such incidents on X (formerly known as Twitter).
So what does this mean for you?
=> If you have an Axis Bank credit card, open your Axis Mobile app, navigate to credit card transaction settings, and promptly disable your international transactions.
=> If you have an Axis Bank credit card and a fraudulent transaction has already occurred on your credit card, contact Axis Bank and file a transaction dispute. Please don’t panic, the RBI already has guidelines regarding such fraudulent transactions. If you report such a fraudulent transaction within 3 days of the incident, you’ll have zero liability, meaning you won’t have to pay.
=> And if you don't have any Axis Bank credit card, then congratulations, you are safe, and you have done a great job staying away from a bank like Axis.
Axis Bank didn’t post anything about this or send any warning communication to their customers. I think without a data breach from Axis Bank or its partner side, such mass fraudulent transactions are not possible. I hope the RBI will investigate this issue with utmost importance.



So what does this mean for you?
=> If you have an Axis Bank credit card, open your Axis Mobile app, navigate to credit card transaction settings, and promptly disable your international transactions.
=> If you have an Axis Bank credit card and a fraudulent transaction has already occurred on your credit card, contact Axis Bank and file a transaction dispute. Please don’t panic, the RBI already has guidelines regarding such fraudulent transactions. If you report such a fraudulent transaction within 3 days of the incident, you’ll have zero liability, meaning you won’t have to pay.
=> And if you don't have any Axis Bank credit card, then congratulations, you are safe, and you have done a great job staying away from a bank like Axis.
Axis Bank didn’t post anything about this or send any warning communication to their customers. I think without a data breach from Axis Bank or its partner side, such mass fraudulent transactions are not possible. I hope the RBI will investigate this issue with utmost importance.