Understanding P2P Payment Scams: How to Protect Yourself and What to Do
Peer-to-peer (P2P) payment apps like PayPal, Venmo, Cash App, and Zelle have become popular tools for quickly transferring money between individuals. However, the convenience of these platforms also makes them prime targets for scammers. P2P payment scams have surged in recent years, exploiting people's trust and unfamiliarity with digital payment systems. Here’s a breakdown of how these scams work,