Scammers have used QR codes to steal personal information by imitating legitimate companies or sending deceptive emails and text messages. Read this article to learn how to protect yourself.
Whether it's Venmo, PayPal or Apple Pay, peer-to-peer payment apps have quickly risen in popularity over the last few years. While they create convenience for consumers, they also create a new target for fraudsters. And because payment apps do not have the same consumer protection as bank accounts, such as FDIC insurance, money stolen through a payment app cannot be recovered.