Data Security

Scams Utilizing Mobile Payment Services

At times you may receive of an offer to make quick cash or someone simply asking to borrow your online banking or mobile payment service credentials. This is a scam and will lead to fraudulent charges and potentially a loss of funds. Oftentimes they will also ask you to send them money via your online banking service or via services such as CashApp, Venmo, PayPal, Zelle, or other similar services. While such services are reputable, sharing your credentials to these services can lead to fraudulent activity. Sending money to someone you do not know can also lead to a loss of funds, as it is the same as handing cash to a stranger. Therefore, guard such information the same as you would cash or your social security number.