Mobile apps

Cash Apps: How to keep your money safe – WAFB

Summary

ORLANDO (IVANHOE NEWSWIRE) – Last year 18 million Americans were defrauded through mobile payment apps or digital wallets. However, unlike your credit or debit card, the money you lose through a scam involving mobile payment apps doesn’t have as much fraud protection. So, it may be nearly impossible to get your money back.

A couple of clicks here, a couple of clicks there, and the bills are paid. The debt is done. Emergency avoid…….

ORLANDO (IVANHOE NEWSWIRE) – Final yr 18 million People have been defrauded by way of mobile cost apps or digital wallets. However, in distinction to your credit rating or debit card, The money you lose by way of a rip-off involving mobile cost apps doesn’t have as a lot fraud shieldion. So, It Might be almost inconceivable to get your A refund.

A pair of clicks right here, a couple of clicks tright here, and the funds are paid. The debt Is accomplished. Emergency prevented.

However how shielded is your money?

Scams involving mobile costs apps are three to 4 events greater than conventional cost strategies. So, what Are you able to do To shield your self? First solely acquire apps you notion.

Make constructive You’ve a passcode to get into your telephone. Fingerprint or facial recognition is even greater. Additionally, don’t ship costs using public Wi-Fi and On A daily basis use a Financial institution card And by no means a debit card for mobile app costs, as Financial institution playing cards have greater fraud shieldion than debit playing cards.

In an AARP survey, Higher than half Of mom and father that use mobile cost apps falsely think about They might get their A refund In the event that they despatched The money in error. That is the rationale You should double And even triple-look at earlier than you ship money to somebody.

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Source: https://www.wafb.com/2022/07/16/cash-apps-how-keep-your-money-safe/?outputType=amp