Coin and Coffee Blog
Outsmarting P2P Mobile Payment Scammers
The scammers are doing their best to pick your wallet again. This time the fraudsters are using peer-to-peer (P2P) mobile payment apps including Venmo, Zelle, and Cash apps to steal our money.
Digital payment methods are not all created equal for fraud prevention and protection. P2P apps are especially risky when not used for their designed purpose. These apps are created by third-party vendors (not banks) to simplify financial transactions between people who know and trust each other.
These apps are helpful tools when cautiously used. READ MORE
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