Thousands are getting scammed through fake PhonePe APKs in 2025. Learn how to identify fake apps, read true stories, and protect your money now. Your money is safe on PhonePe . With an advanced security infrastructure, all your transactions on PhonePe are safe and protected . Read on to know more! Once installed, the fake app asks for unnecessary permissions, including access to SMS, contacts, storage, and even screen recording, which can be misused. 4. Fake Payment Screens When users attempt to make a transaction, these apps generate a fake payment success screen, tricking them into believing the money has been sent. 5. Stealing Banking Credentials Some fake apps use keyloggers or screen recording to steal UPI PINs, OTPs, and banking details, leading to financial fraud. How to ... PhonePe is one popular transaction/ payment app that has had the greatest hits from scammers who use fake apps to generate payment images or screenshots that look just like the original one. How do you stay cautious of such fraudulent people and activities? We are going to discuss all that now so that you stay safe from such scams.