Guest column: Use peer-to-peer mobile payment apps wisely
Randy Hutchinson
Randy Hutchinson is the President and CEO of the BBB of the Mid-South, serving 28 counties in Tennessee, Mississippi and Arkansas. He graduated from Western Maryland College and has an MBA from Wilmington College.
While the apps are a legitimate payment method, using them involves some risks that are greater than paying with a credit card.
Topics
Venmo Cash App Peer-to-peer apps Better Business Bureau Of The Mid-South Randy Hutchinson Subscriber OnlyAre you enjoying your subscription?
Your subscription gives you unlimited access to all of The Daily Memphian’s news, written by nearly 40 local journalists and more than 20 regular freelancers. We work around the clock to cover the issues that impact your life and our community.
You can help us reach more Memphians.
As a 501(c)(3) nonprofit organization, we provide free news access at K-12 schools, public libraries and many community organizations. We also reach tens of thousands of people through our podcasts, and through our radio and television partnerships – all completely free to everyone who cares about Memphis.
When you subscribe, you get full access to our news. But when you donate, you help us reach all Memphians.
Pay it forward. Make a fully tax-deductible donation to The Daily Memphian today.
Thank you for reading the local news. Thank you for investing in our community.
Related stories
Guest column: Amazon impersonation scams run rampant
From July 2020 to June 2021, 96,000 people reported an Amazon scam to the FTC. Only a small percentage of people report scams, so the actual numbers are much higher.
Guest Column: Regulators crack down on fake reviews
A recent survey found that 77% of consumers “always” or “regularly” read reviews from other consumers. That was up from 60% in the prior survey.
Guest column: Scams on the rise, with social media a heavy contributor
More than one in four people who reported to the Federal Trade Commission that they lost money in a scam in 2021 say it originated on social media, an 18-fold increase over 2017.
Want to comment on our stories or respond to others? Join the conversation by subscribing now. Only paid subscribers can add their thoughts or upvote/downvote comments. Our commenting policy can be viewed here.