In today's digital age, P2P payment platforms have become an integral part of our financial transactions. While these platforms offer convenience, they also come with risks, including the potential for scams and fraud. At Arizona Financial , your financial security is a top priority. Let's explore six common P2P scams you should be aware of:
Hidden credit card fraud
Fake customer representative
Follow these rules when using P2P platforms:
- Only send and accept funds from people you personally know and trust.
- Always confirm that you’re interacting with the correct person by verifying their phone number at every stage of the P2P transaction process.
- Call the P2P platform’s customer service number directly to resolve errors. Similarly, reach out to Arizona Financial directly if you receive notification of an allegedly fraudulent account.
- After completing a P2P transaction, check your checking account to confirm you’ve received the promised funds.
As technology evolves, so do the tactics of scammers and fraudsters. Arizona Financial is committed to equipping its members with the knowledge and tools needed to navigate the digital landscape safely. Through education, guidance, and proactive measures, we ensure our members can enjoy the convenience of P2P transactions without compromising their financial security.
Free Identity Theft Protection – As a member of Arizona Financial, it's included with your membership at no additional charge. Learn More