![]() The app also offers fraud protection for unauthorized charges.Ĭash App also features security built into the app to prevent unauthorized users from gaining access to the app if they should get physical possession of your phone these include Touch ID and PIN code security, depending upon which phone you have.Įven so, the weakest link in Cash App is often the user, so you need to be vigilant. Cash App encrypts all data in transit and can claim PCI-DSS level 1 certification - the highest level of compliance with a set of standards designed to ensure companies store, transmit, and process credit card data to the highest standards. Privacy Policy: Please click here to view our Privacy Policy.Like Cash App's peers, it's a relatively safe way to pay for products and send money to friends, family, and co-workers. It is not the bank advertiser’s responsibility to ensure all posts and/or questions are answered. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. Regarding comments: Comments posted at the bottom of Travel with Grant pages and posts are not provided or commissioned by the bank advertiser. Any opinions, analyses, reviews or recommendations expressed here are the author’s alone, not those of the credit card issuer, and have not been reviewed, approved or otherwise endorsed by the credit card issuer. Bank, and Wells Fargo.Įditorial Note: The editorial content on this site is not provided by the credit card issuer. Advertiser partners include American Express, Bank of America, Barclaycard, Chase, Citibank, Discover, U.S. Travel with Grant has not reviewed all available credit card offers in the marketplace. Travel with Grant has financial relationships with many of the cards mentioned here, and is compensated through the credit card issuer Affiliate Program. Even though PayPal is a company that people love to hate, PAYPAL DOES OFFER PURCHASE PROTECTION that is able to reverse transactions and get your money back (most of the time, at least).Īdvertiser Disclosure: Travel with Grant is an independent, advertising-supported web site. If you do want to pay for goods or services online and do not know the person, you are strongly recommended to use a credit card through PayPal (even if you have to incur a fee). ![]() From the bank’s perspective, since you initiated the Zelle or Venmo transaction, they are not liable for fraud and provide no purchase protection to their users. ZELLE AND VENMO DO NOT OFFER PURCHASE PROTECTION, so if you pay for goods or services with Zelle or Venmo, you are out of luck if anything goes wrong. Long story short, Zelle and Venmo are peer-to-peer payment methods that should only be used to pay friends and family members. The buyer complains to their bank, but since Zelle is set up to pay friends and family members, there is no purchase protection offered through Zelle, therefore, their bank cannot help them recover their money. ![]() After the buyer pays the seller via Zelle, the seller disappears and stops responding to calls, texts, and emails. Luckily, the buyer has used Zelle in the past and *thinks* that since the service is offered by their bank and other big banks, that all transactions are protected. The seller says they can transfer the tickets to the buyer immediately after payment is received and recommends using Zelle, since that is their preferred way to be paid. The buyer sees tickets on Craigslist and reaches out to the seller. CIRCLE PAY APP SCAM CRAIGSLIST HOW TOSince I wrote a post on how to send money to friends (or other bank accounts) with Zelle, I felt that it was my duty to inform my readers about this scam.Īfter reading the Tech Crunch and Reddit posts, here is how the scam works. I just spent the last hour or so reading about horror stories where people were scammed on Craigslist when they paid with Zelle ( Tech Crunch and Reddit). Good afternoon everyone, I hope your Presidents’ Day Weekend is off to a great start.
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