Scammers are using payments apps, like Venmo and Cash App, to swipe innocent people’s money.
) - AARP Alabama says there are multiple mobile payment scams going around right now, and one scam takes place directly in your app.
The problem is these scammers often use a stolen credit card and will collect the victim’s money, then the original payment is reversed.The seller will get the victim to use Venmo or Cash App to buy a product. Then, the scammer will send the wrong item or nothing at all. “Many, many cases we’ve heard of people buying things and never receiving them or buying something and getting something entirely different,” Harding said. “We just encourage everyone to know exactly who you’re dealing with, especially if you’re on a cash app which really goes directly to your bank account.
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