QR Code Scam Exposed: Paytm CEO and Razorpay Founder Respond (2025)

A viral video has sparked a debate about QR code scams, leaving many wondering: are they real, or are we missing something? A video circulating on social media allegedly exposes a QR code 'scam' at a parking lot, where customers are asked to pay via UPI, but the account name doesn't match the parking authority. The video, which has garnered over 1.8 million views, shows a customer questioning a parking attendant about the discrepancy. But here's where it gets controversial...

The video, originally posted by the meme account Prof Cheems, caught the attention of prominent figures like Razorpay founder Shashank Kumar and Paytm CEO Vijay Shekhar Sharma.

So, what did these industry leaders have to say?

Vijay Shekhar Sharma, known for his active presence on social media, highlighted the utility of Paytm's Soundbox in response to the video. The Soundbox audibly announces each transaction, potentially alerting users to fraudulent activity. He stated, “Only Paytm Soundbox solves problem for many offline scams!”

Shashank Kumar of Razorpay responded by stating, “In the next software upgrade we will disable gallery access unless really needed for the seller.” This suggests Razorpay is taking the issue seriously and working to enhance security.

And this is the part most people miss... The device in the video was branded as Razorpay.

How did the public react?

While many responses were humorous, some users praised Shashank Kumar for his prompt response. Others saw an opportunity for Vijay Shekhar Sharma to promote his product.

But here's where opinions diverge. Several commenters pointed out that parking authorities in cities like Delhi and Mumbai often employ contractors to manage parking. These contractors might use their own QR codes to collect payments. They argued that a transaction is only a scam if a receipt or ticket isn't provided.

One commenter wrote, “How is it a scam if the attendant gives a receipt? Just another car driver finding ways to not pay even the highly subsidised car parking charges.”

Another added, “MCD gives contract a year or max 5 years to an individual or an organisation on some annual charges! After that contractor collect money and organise parking and hire staff (sic).”

A Mumbai resident noted, “I don't know about MCD, but in Mumbai its the contractor who collects the funds and pays the BMC. So obviously this driver / guy shooting the film doesn't realise that payments don't go directly into the MCD / BMC accounts, it's all outsourced now.”

This situation raises a crucial question: Is the video a genuine exposé of a scam, or a misunderstanding of how parking payments are handled? What do you think? Share your thoughts in the comments below!

QR Code Scam Exposed: Paytm CEO and Razorpay Founder Respond (2025)

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