Be Extra Careful With Person-to-Person Payments like Venmo!
This is a very long article but also very important. I’ve always told my customers that Person-to-Person payment systems like Venmo and Cash app should be used EXTREMELY sparingly and CAREFULLY, if AT ALL. If you must pay someone via an app, it’s likely your bank or credit union offers a payment system like this that would be more secure. If they don’t, consider PayPal first because they offer options for recourse. No matter HOW you decide to pay someone, do your research and MAKE SURE you are sending the money to the right person and that they are telling you the truth about who they are and what the money is for!
From this article: “Venmo makes it impossible for users to hide their list of friends. To remove someone as a friend, a user has to unfriend the person manually.”
The article also talks about people being tricked into sending money to a stranger via fake profiles!
#protectyourself #dontusevenmo #moneytips #avoidscams #scam #becareful #p2p
https://www.buzzfeednews.com/article/ryanmac/we-found-joe-bidens-secret-venmo