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India's first indigenous payment ecosystem, the newly-launched National Common Mobility Card can be used to make payments across all segments including the metro, bus, suburban railways as well as shopping!

The government is also looking to stop brands from selling the same product online and offline at different prices.

Part of the government's push towards a cashless economy, the e-payment medium has been billed as the world's first interoperable payment acceptance solution.

Sticking to a few sensible rules, looking out for warning signs and taking some significant steps can minimize the risk of fraudulent transactions. Here are 10 tips to to ensure that your online financial transactions remain safe and secure.