This study examines consumer awareness of security risks in digital payment systems. Nowadays, many people are using digital payment methods like UPI and mobile payments. Because of this, security has become an important issue. This study gave emphasis on understanding how much people know about digital payment frauds and whether they follow safe practices while making payments. The data was collected using a questionnaire and analyzed in a simple way. The results show that most people know about common frauds, but not everyone follows proper safety steps. Some people still take risks while doing digital transactions. The study concludes that digital payments are widely used, but people need better awareness and should be more careful while making transactions to avoid fraud.