Payment app scams: Ways to keep your money safe

Payment apps are easy to use, but also attractive to scammers. Finance professor Dan Roccato joins FOX6 WakeUp with ways to keep your money safe. 

What are some scams happening on payment apps?

• Phishing
• Ghosting & fake items
• Software updates
• Romance, personal requests

How do you fight scams?

• Know your counter-party
• Delete texts, emails
• Security lock
• Don't leave funds in app
• Don't connect to your main bank account