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How to Avoid Getting Scammed on Peer-to-Peer Apps
The days of cash may be over. More often, friends are splitting the restaurant tab by sending money via PayPal and parents are Venmoing babysitters their earnings after a night out. The use of peer-to-peer apps like Venmo, Zelle, and PayPal is booming. One forecast predicts that we’ll spend more than $1 trillion with them […]
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How does Peer-to-Peer Payment Work?
Life happens. You’re out to dinner with a friend and when the bill comes, you realize your wallet is at home. Or, maybe it’s vice versa. Perhaps your cousin owes you some money for a joint family gift you purchased for grandma. Cash and checks still work, but, more often, people are relying on electronic […]