How to Spot and Stop Scams on Digital Payment Apps
Protecting Your Money on Venmo, Cash App, and PayPal A Practical Guide to Avoiding Common Digital Payment Scams The convenience of digital payment apps like Venmo, Cash App, and PayPal is undeniable. Splitting a dinner bill or paying a friend back is now instantaneous. However, as their use has surged, so have the scams targeting their users. Recently, the New York Department of State’s Division of Consumer Protection issued an alert highlighting this growing threat. Criminals are exploiting the speed and perceived informality of these transactions to trick people out of their money, often with little recourse for recovery. ...