How to avoid bank account freeze

[Solarman]

how to prevent bank account getting freezed due to fraud transactions of different layers i came across the post on reddit where the person account got freezed due to 60 rupee which he accepeted from the customer in his google pay business qr how to prevent this ny suggestion and valubale inputs from the members.

Reddit post Link

 

[dvader]

USA or Europe wale ch**ye ni hai..that's why they bought the card system. The only way to avoid this is to get a card machine and avoid/boycott UPI. UPI is the worst product India could have got. You are an INR 10 transaction away from turning your life upside down (This is the 10th time I am repeating this)

NOTE: There is no legal recourse in India for Debit Freeze unless you are in politics or administration (i.e unless you are a cheat or bastard). Hath pair jod ke unfreeze hojaye to alag baat hai, but there is no legal recourse.

 

[quino]

USA or Europe wale ch**ye ni hai..that's why they bought the card system. The only way to avoid this is to get a card machine and avoid/boycott UPI. UPI is the worst product India could have got. You are an INR 10 transaction away from turning your life upside down (This is the 10th time I am repeating this)

@Abhishek012

meanwhile ill bring popcorn

 

[akiratoriyama]

USA or Europe wale ch**ye ni hai..that's why they bought the card system. The only way to avoid this is to get a card machine and avoid/boycott UPI. UPI is the worst product India could have got. You are an INR 10 transaction away from turning your life upside down (This is the 10th time I am repeating this)

NOTE: There is no legal recourse in India for Debit Freeze unless you are in politics or administration (i.e unless you are a cheat or bastard). Hath pair jod ke unfreeze hojaye to alag baat hai, but there is no legal recourse.

Cash and card are king 👑

 

[Solarman]

for small merchant we have to get UPI Qr for business if not it affect our sales

 

[dvader]

@Abhishek012

meanwhile ill bring popcorn

Well your popcorn is gonna get wasted. I was raised on reddit. My fighting days are behind me. I said what I said. People here are adult enough to know and understand what's in their interest.

 

[dvader]

for small merchant we have to get UPI Qr for business if not it affect our sales

Yup not denying that. Middle class getting F***ed for no reason is a tale as old as time.

 

[rimtesh]

for small merchant we have to get UPI Qr for business if not it affect our sales

The 60rs amount was credited into your personal upi id or the the merchant one, shouldn't they have banned Google's bank account in the latter case

 

[Aniket]

The 60rs amount was credited into your personal upi id or the the merchant one, shouldn't they have banned Google's bank account in the latter case

Panvel nikalna hai kya? 😅 Post bhuat tezi mein padhe hain lagta hai, dubara padh lijiye ek baari ... #JK, hota rheta hai ye sab

Redditer and OP are two different persons.

 

[quino]

People here are adult enough to know and understand what's in their interest.

that's where you are mistaken.

Middle class getting F***ed for no reason is a tale as old as time.

Especially in these times.

 

[Abhishek012]

USA or Europe wale ch**ye ni hai..that's why they bought the card system. The only way to avoid this is to get a card machine and avoid/boycott UPI. UPI is the worst product India could have got. You are an INR 10 transaction away from turning your life upside down (This is the 10th time I am repeating this)

NOTE: There is no legal recourse in India for Debit Freeze unless you are in politics or administration (i.e unless you are a cheat or bastard). Hath pair jod ke unfreeze hojaye to alag baat hai, but there is no legal recourse.

Indian merchant gadhe hai.

Whether it's a card payment or UPI,

A UPI P2M (Person-to-Merchant) payment system has been introduced for merchants.

Cards also work through the same merchant payment system.

If any fraud cases, the merchant account company handles them.

In such cases, the merchant's bank account does not get frozen.

@dvader
@akiratoriyama
@nh124001
@quino

The 60rs amount was credited into your personal upi id or the the merchant one, shouldn't they have banned Google's bank account in the latter case

No, if you have a full KYC merchant account, then the Google Pay merchant team will handle all this.

In such cases, Google Pay will hold ₹60 in your merchant account and won’t transfer it to the bank.

If multiple fraud cases occur, Google Pay will hold the entire day's transactions and ask the merchant for clarification.

AFAIK, the daily payments received by the merchant are withdrawn to the bank in one go, so it will only hold payments for one day. After verification, it will release all payments except those related to fraud cases.

Now, whether it's a card payment or UPI P2M, the merchant account works the same way.

This is the reason RuPay Credit Card UPI payments are allowed only for full KYC merchant accounts to ensure that customers/banks can receive refunds in case of chargebacks or disputes.

 

[Aniket]

how to prevent bank account getting freezed due to fraud transactions of different layers i came across the post on reddit where the person account got freezed due to 60 rupee which he accepeted from the customer in his google pay business qr how to prevent this ny suggestion and valubale inputs from the members.

Reddit post Link


View attachment 88712
View attachment 88713

Amendments in laws or modus operandi of Cyber Cell/ Bureau both for preventing freeze and getting it lifted
Or,
Accept Cash only best, Credit Card, Credit Card & Credit line on UPI, good to large extent in comparison to UPI with SA
Or,
Shift/Have the place of business outside India, where such things doesn't take place (for small merchant we have to get UPI Qr for business if not it affect our sales - OP)...

 

[nh124001]

Indian merchant gadhe hai.

Whether it's a card payment or UPI,

A UPI P2M (Person-to-Merchant) payment system has been introduced for merchants.

Cards also work through the same merchant payment system.

If any fraud cases, the merchant account company handles them.

In such cases, the merchant's bank account does not get frozen.

@dvader
@akiratoriyama
@nh124001
@quino


No, if you have a full KYC merchant account, then the Google Pay merchant team will handle all this.

In such cases, Google Pay will hold ₹60 in your merchant account and won’t transfer it to the bank.

If multiple fraud cases occur, Google Pay will hold the entire day's transactions and ask the merchant for clarification.

AFAIK, the daily payments received by the merchant are withdrawn to the bank in one go, so it will only hold payments for one day. After verification, it will release all payments except those related to fraud cases.

Now, whether it's a card payment or UPI P2M, the merchant account works the same way.

This is the reason RuPay Credit Card UPI payments are allowed only for full KYC merchant accounts to ensure that customers/banks can receive refunds in case of chargebacks or disputes.

bhai mereko kyo tag kiya.. main sidha sadha.. employee prani hu ek jagah se hi paise aate hai mereko... extra income ...freelancing ke liye dekh but kuch mil hi nahi raha!!..

 

[Aniket]

Indian merchant gadhe hai.

Whether it's a card payment or UPI,

A UPI P2M (Person-to-Merchant) payment system has been introduced for merchants.

Cards also work through the same merchant payment system.

If any fraud cases, the merchant account company handles them.

In such cases, the merchant's bank account does not get frozen.

@dvader
@akiratoriyama
@nh124001
@quino


No, if you have a full KYC merchant account, then the Google Pay merchant team will handle all this.

In such cases, Google Pay will hold ₹60 in your merchant account and won’t transfer it to the bank.

If multiple fraud cases occur, Google Pay will hold the entire day's transactions and ask the merchant for clarification.

AFAIK, the daily payments received by the merchant are withdrawn to the bank in one go, so it will only hold payments for one day. After verification, it will release all payments except those related to fraud cases.

Now, whether it's a card payment or UPI P2M, the merchant account works the same way.

This is the reason RuPay Credit Card UPI payments are allowed only for full KYC merchant accounts to ensure that customers/banks can receive refunds in case of chargebacks or disputes.

This only happens when there is no instant settlement/hold equivalent
amount in next cycle and that too for chargebacks.

Abhi ispe ab argue karne ka mood nahi hai 🙂

 

[Solarman]

This only happens when there is no instant settlement/hold equivalent
amount in next cycle and that too for chargebacks.

Abhi ispe ab argue karne ka mood nahi hai 🙂

The redditer user also have daily settelement then also its account get freezed

 

[Abhishek012]

This only happens when there is no instant settlement/hold equivalent
amount in next cycle and that too for chargebacks.

Abhi ispe ab argue karne ka mood nahi hai 🙂

Even in instant settlement, the next payment be held or the merchant payment companies will ask you about a fraud case.

If you have a full KYC merchant account, you won't face any issues with such fraud cases.

 

[Abhishek012]

The redditer user also have daily settelement then also its account get freezedView attachment 88732

There will be no full KYC merchant account.

GPay, PhonePe etc allow account creation with minimal KYC, but these are not 100% full KYC merchant accounts.

There is another payment system in "UPI – P2PM" for small merchants.

 

[dvader]

Indian merchant gadhe hai.

Whether it's a card payment or UPI,

A UPI P2M (Person-to-Merchant) payment system has been introduced for merchants.

Cards also work through the same merchant payment system.

If any fraud cases, the merchant account company handles them.

In such cases, the merchant's bank account does not get frozen.

@dvader
@akiratoriyama
@nh124001
@quino


No, if you have a full KYC merchant account, then the Google Pay merchant team will handle all this.

In such cases, Google Pay will hold ₹60 in your merchant account and won’t transfer it to the bank.

If multiple fraud cases occur, Google Pay will hold the entire day's transactions and ask the merchant for clarification.

AFAIK, the daily payments received by the merchant are withdrawn to the bank in one go, so it will only hold payments for one day. After verification, it will release all payments except those related to fraud cases.

Now, whether it's a card payment or UPI P2M, the merchant account works the same way.

This is the reason RuPay Credit Card UPI payments are allowed only for full KYC merchant accounts to ensure that customers/banks can receive refunds in case of chargebacks or disputes.

My family is in Admistrative Services and Law enforcement.

Everything you say is correct. but it doesnt matter.

Account freeze is the first thing that law enforcement does. No there is no pratical way to get it unfrozen if you are an innocent citizen. Accounts are bulk frozen per the law enforcement wish. Moreover when the captan sahab asks for some update, and the lower officer has nothing to show, they will freeze accounts just to show something was done. They will deliberately target innocent citizens because that is easy to manage later. Have you ever seen a case of millionaire getting his account frozen? (Unless he is politically targeted ya fir ED wale lage ho)

Merchent gadhe hain, citizens gadhe hain, system bekar hai jisko jo bolna hai bol skta hai.

Baki smart log savdhan rhe satark rahein.

 

[Aniket]

The redditer user also have daily settelement then also its account get freezedView attachment 88732

You didn't understand: I have clearly mentioned that they put hold in case of chargebacks, countering Abhi bro argument.

Digital fraud/scam sorts of case is different when Cyber Bureau gets involved.

 

[dvader]

You didn't understand: I have clearly mentioned that they put hold in case of chargebacks, countering Abhi bro argument.

Digital fraud/scam sorts of case is different when Cyber Bureau gets involved.

Fun fact: Cyber beureau is just normal police with 20 WPM typing speed. True Fact believe me or not.

Har 3 mahine m freeze ki jhadi nikalti hai jab kaptan sahab report magte hain to.

Agar case file padha duga ek do to ansu nikal ayege apke ki ek gareeb innocent admi k sath system kitna bura kar skta hai. Ek point p to mne victim ko yha tak bolte suna h 'sahab adha aap lelo beti ki shadi kar ni hai'. This was a lower caste brother, with around 75k in account. Aur ye to thoda normal case hai.