AARP issues raised mobile payment fraud risk warning

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The organization is cautioning consumers to take care when using apps to send money. AARP has issued a warning cautioning consumers about an increase in mobile payment fraud risk. It has warned individuals to take care when using peer-to-peer (P2P) payment apps which are rapidly rising in popularity during the pandemic. The apps can be safely used but can also present notable security risks and challenges recovering money. The concern is that not all of these apps are as secure as they should be. Moreover, even when opting for some…

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