When paying with a credit card, the vendor does not receive direct access to your money. Instead, they receive money from your bank, and then the bank bills you at the end of the month. This protects your money from fraudulent vendors and individuals who get their hands on your credit card information.

If your password is stored, your profile and any account information you have provided on that site is readily available if an attacker gains access to your computer, especially on your banking and financial sites. Additionally, evaluate your settings on social networking websites. The nature of those sites is to share information, but you should […]

Some ATMs automatically print receipts without asking your preference. If you leave a receipt at the ATM — or even if you take it, and it falls out of your pocket — someone could gain access to your bank account or deposit information. If you do your banking online from the privacy of your home […]

Some people choose to stay logged into their Venmo account because it eliminates a step when they want to exchange money with someone quickly and easily. However, this puts your security at risk. Staying logged in will make it easier for someone to hack your account and steal your information. Log out of Venmo whenever […]

Linking your credit card to your Venmo account is safer than linking your debit card because credit cards have more legal protections governing fraud than debit cards. Additionally, when someone steals from your debit account, they are taking money directly from your pocket. However, when someone steals from your credit card, they aren’t taking your […]

If you enable push notifications on your Venmo account, you will be notified whenever there is a transaction. If this is in place, you will be alerted immediately when there is fraudulent activity on your account — even if Venmo doesn’t recognize it as fraud — and you can resolve it right away. To enable […]