Paytm user? Stay safe from QR code frauds The Indian mobile payments bank has asked users to stay alert and not believe fraudsters who ask to scan the QR code sent on WhatsApp to receive money BusinessToday.In | February 17, 2021 | Updated 18:35 IST Paytm has issued a warning against QR code frauds on Monday. The Indian mobile payments bank has asked users to stay alert and not believe fraudsters who ask to scan the QR code sent on WhatsApp to receive money. Paytm's founder Vijay Shekhar Sharma said in a tweet on Tuesday, "Stay Alert - If somebody asks you to scan the QR code sent in WhatsApp to receive money, it is a fraud call. Do not believe."