In response to the surge in digital payment frauds in India, the Reserve Bank of India (RBI) has released a discussion paper proposing a five-point safety plan aimed at enhancing the security of digital transactions. The RBI has noted a significant rise in scams, particularly as the adoption of the Unified Payments Interface (UPI) increases. The proposed measures include a one-hour cooling-off period for high-value transactions above ₹10,000 to allow users to flag suspicious payments. Additionally, a 'trusted person' check is suggested for vulnerable users, such as senior citizens, requiring approval for transactions exceeding ₹50,000. The introduction of an emergency 'kill switch' will enable users to instantly disable all linked payment methods, while risk-based transaction controls will align credit limits with verified financial profiles. Finally, the RBI emphasizes the need for real-time fraud detection systems to monitor unusual transaction patterns. These measures are designed to create a safer digital payment environment while maintaining user convenience. Public comments on the proposals are invited until May 8, after which the RBI will review feedback and consider issuing draft guidelines.