🚨Don't Fall Victim to P2P Payment Scams! 🚨
🚫 Protect yourself from common P2P scams like phishing, unauthorized transfers, and impersonation schemes designed to steal your money or personal information.
🔍 Stay informed with these key statistics:
- Over 159 million Americans are expected to make P2P payments in 2023, with 47% of the population already using or planning to use these services.
- 42% of adults have used P2P apps in the past week, and 60% in the past month, showing a growing trend towards incorporating them into daily finances.
- While P2P payments are gaining popularity, they're still niche, with only 6% of Americans preferring them for everyday transactions compared to debit and credit cards.
- Even frequent users make P2P payments on average 1.6 days a month, highlighting their convenience without being a daily necessity.
- Surprisingly, nearly half of consumers are unaware if their financial institution supports P2P transactions, indicating a need for greater awareness and education.
📱 Discover the favored P2P payment apps:
- PayPal leads the pack, trusted by 57% of U.S. adults.
- Cash App shines among Black Americans, with 59% favoring it over other services.
Stay savvy and safeguard your finances against P2P scams! Share this post to help others stay informed. 💪🔒