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Protect Yourself from Mobile Payment Scams

April 10, 2020
Protect Yourself from Mobile Payment Scams

Sending money from a mobile payment app or over social media is quick and easy. Make sure you are actually sending money to the people you intend to receive it.

How it Works

Fraudsters pretend to be someone you know by texting from a different phone number or creating fake social media accounts. Others will message you and state they don't know you (or are a friend of a friend/family member) and ask for money. In either case, the thief often claims it is an emergency and needs the money right away to make you act fast and not question the request.
 

What To Do

First of all, don't send money to someone you don't know. If you get a request from someone you do know, contact them to confirm the request before you send money. Use a phone number or email address that you know is legitimate. Check your statements regularly and report and unauthorized transactions immediately.

To learn more about this scam, please visit the Federal Trade Commission Website. For more information, please visit myspire.com/fraud.

The information contained in this article is meant for general informational purposes only. You should not rely solely on one piece of information to protect yourself from ID Theft and/or fraud and in no way does SPIRE guarantee that ID Theft and/or fraud will never occur if you follow these recommendations.
SPIRE has made the utmost effort to make sure the information contained in this article is up-to-date and accurate. Under no circumstances shall SPIRE be liable for any loss or damages arising directly or indirectly from the use of the information provided within this article.
Third-party websites are provided for convenience and accessing these sites is at the risk of each user. We have no control over the material or services on these sites and we have no liability for the content, accuracy, legality or function of these sites.

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