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Venmo has made transferring cash more convenient than ever, but some scammers are using the app to steal your money. The post 6 Common Venmo Scams to Watch Out For appeared first on Reader's Digest.
The modern-day version of the chain letter is a Venmo scam. A scammer could assure you that if you send $100 today to a Venmo account, then by next week, you’ll have $1,000 back.
Think of your account password and the verification code as working together, similar to a doorknob lock and a deadbolt. If you unlock the doorknob but not the deadbolt, you can't get inside.
• Don't reply to any SMS request asking for a verification code. • Don't respond to unsolicited emails or requests to send money. • Pay attention to the types of data you're authorizing access to, especially in third-party apps.
This is why it's important to keep these recovery options up to date. Please review your account settings and recovery methods from time to time, and especially prior to changing phone numbers or other email addresses, to help ensure you can always access your account!
If you get an email providing you a PIN number and an 800 or 888 number to call, this a scam to try and steal valuable personal info. These emails will often ask you to call AOL at the number provided, provide the PIN number and will ask for account details including your password.
If you need additional help, Venmo and PayPal offer support pages to help you navigate other scams. Follow these steps and you should be just a bit safer online. Sign up for Yahoo Finance Tech ...
BBB has warned in the past about a scam on Facebook Marketplace where scammers posed as buyers and requested a seller’s phone number and six-digit code to “verify the seller is real.”