‘Cash App’ is another PayPal-like app that facilitates user to user payment. Cash App has, for millions of people, facilitated payments. You can either choose to use a Cash App account or your pre-existing bank accounts to send and receive payments. Cash App had over 30 Million users by the end of 2020.

Though the Cash App takes all the safety measures on its end, Scammers are pretty actively trying to exploit users’ innocence and lack of knowledge to their advantage. There are a few popular kinds of Scams prevalent in the market relating to Cash App.

These aren’t some high-tech hackers that are doing so. These are just a group of evil people who believe stealing is better than earning. So, without wasting any more time, let’s get into different kinds of scams:

Cash Flip or Money Flipping Scam:

Scammers ordinarily try and get users’ attention through some social media posts promising hefty returns in just several days. People try to sell a fake story on how they multiplied their money a few folds in just a matter of a few days and how they can do that for your money too. There is absolutely nothing new with this technique of scamming except that the Cash App users are on Target this time.

Fake Cash App Support

Another way that tricksters are exploiting clients is by claiming to be Cash App Customer Care. Cash App doesn’t have an immediate line to their client care, so con artists are claiming to be their helpline to access cell phones and take individual information. Unconscious clients while looking for a helpline telephone number, may run over a site that appears to be upheld for Cash App clients, yet is a trick.

When you call, these tricksters will urge you to download a screen sharing app, so they can approach your telephone, under the appearance of “helping you.” actually, they are attempting to take your information or they may sometimes request financial information straight-away.

Again, this isn’t a new way of scamming users. However, users are still falling for them and Cash App users are their fresh target.

Cash App Giveaways:

Another popular way these scammers try and fool users is by hosting Giveaway events if you follow them and retweet their tweets. Now, you may not see any harm right away, but you have given yourself away as a needy person. They now try to contact you with fake accounts claiming that you have won the prize.

But the catch is you will have to confirm your identity by sending them a few bucks first so that they would know you are for real and give you the real big prize. Once you send the money, you are blocked, the account is deactivated, and boom.

Yet again, this is the most ridiculous of the ways to extract money because who falls for that right? WRONG. A lot of people fall for that.

Having this discussed, let’s move to How to Avoid Cash App Frauds?

How to Avoid Cash App Frauds?

Now that we know no high-tech hacker is sitting in front of his screen with a black hood on his head to scam you, all you need is only a bit of common sense and a bit of knowledge that your private information is only meant to stay with you and no-one else.

• If you participate in a Giveaway or Sweepstake, know that the legit ones won’t ask you to send them the money first.
• Your credit card numbers, PINs, passwords, etc. are only meant to stay with you and nobody else. Anyone who gets a hold of this information has gotten access to your finances and can easily misuse it.
• Remember, there is NO DIRECT LINE FOR CUSTOMER SUPPORT available for Cash App and anybody you talk to is a scammer. If you still feel like talking to them, don’t let them do anything or everything with you. Don’t give them access to your computer or access to your details. Neither Cash App nor any other app will ask you for your personal information like PIN and Passwords.

What Else?

Though the prevalent Cash App frauds and Scams are non-technical. But what if when a hacker intercept to try and steal your financial/personal information while you send it to the person you know. Sounds uncommon? NEARLY 2 BILLION ACCOUNTS WERE HACKED AND COMPROMISED IN YEAR 2018. Still, seems uncommon?

A lot of people are finally understanding the need for Cyber-security in their day-to-day life and started using Software called VPNs. NEARLY 1 IN EVERY 4 PEOPLE IS USING VPN THESE DAYS.

Learn What is a VPN, How it works, and all about VPNs here.

VPNs provide legit online security and help keep your financial and personal information safe and private. As a result, there are a lot of Cyber-Security companies trying to create the best VPN to help users safeguard their data. If you are a Windows user, we suggest using Systweak VPN for top-notch security and privacy.

You can check out the Best VPN for Windows here.

Also, the Best VPNs for macOS here.

Systweak VPN

Click Here to Download Systweak VPN

Systweak VPN is one of the most popular VPNs available in the market for Windows Operating Systems. Systweak VPN provides top-notch security features to safeguard your privacy and data online. Let’s look at some of the Systweak VPN features in detail:

• AES 256 Bit Encryption Standard: Systweak VPN uses the industry-best Encryption Standard to encrypt all the data that you send over the internet to make it useless for any hacker trying to intercept the data in-between.
• Anonymity: The software, by rerouting the data through a VPN server at a different location, changes your IP address so that no-one knows where the data is coming from.
• IKev2 Tunneling: The software helps create a secure tunnel, a highway, between your PC and the website which is kind of invisible to anyone else looking from outside to prevent hackers from even trying to intercept the connection.
• Kill Switch: If despite using these methods, hackers try to intercept the connection, Systweak VPN drops the internet connection together to safeguard your privacy from being compromised.

With all these amazing features and more, Systweak VPN is one of the best VPN available for the Windows Operating System. Check out more about Systweak VPN here.

And, NordVPN vs ExpressVPN vs Systweak VPN

So, this was all about Cash App Frauds/Scams, money flipping scams, etc. I hope you found the information helpful. If you have any queries, do let’s know in the comment section below. Keep visiting Tweak Library for more such tech-related content.