Mobile payment app complaints are surging as more Americans go cashless » Scammer News

0
84

Hiraman | E+ | Getty Images

There’s been a surge in consumer complaints about mobile payment apps and digital wallets, such as Venmo, Cash App, Coinbase and Zelle, as more Americans go cashless.

That’s according to a new report from the U.S. Public Interest Research Group, a policy and research organization.  

U.S. PIRG reviewed 9,277 complaints received by the Consumer Financial Protection Bureau from April 2017 to April 2021, finding a pattern of issues with digital wallets, scams and customer service.

More from Personal Finance:
Free tax help available to those eligible for child tax credit, stimulus checks
The CDC extended the national eviction ban through July
House of Representatives passes bill to protect older Americans in workplace 

Digital payment apps allow instant money transfers through connected bank accounts or credit cards.

Most consumers were already using digital payment apps before the pandemic —…

Read full article at scammernews.com