Personal Finance/Wealth Management

Beware Of Authorised Push Payment (APP)

What are they, and how can you avoid them?

Delay payment or transfer that you are not aware of or understand. Photo by Jon Tyson on Unsplash

Most online banking frauds are authorised push payments, (APP), and they originate on social media. Authorised Push Payment is a fraud in which a person is deceived to willingly transfer a large part of his money to an account thought to be for a legitimate reason.