There are so many online payment apps like Venmo, PayPal and Apple Pay out there.
But are we at risk every time we use them?
Here are some tips to help protect yourself:
1. Know who you're sending
Transfer money only to people you know, and make sure you have the correct phone number or email for that person when you're making the transfer.
2. Security features
Enable security features like multifactor authentication on the app and your smartphone that might require a PIN, fingerprint or face recognition.
3. Smartphone security
Keep your smartphone secure with a strong password.
4. Link your payment
Link your mobile payment app to a credit card rather than a bank account or debit card.
5. Check on transfer
Always check that the money transfer has been completed.