Join Now Apply Online Branch Hours Routing #: 263178070

Peer to peer payment apps

Safety tips for using peer-to-peer (P2P) payment apps

Peer-to-peer (P2P) payment apps have transformed the way we transfer money, making it quick and convenient to send funds to friends, family and those you trust.

While these apps are an easy and convenient means to pay someone, they are not the safest way to purchase services or items from strangers and may limit dispute resolution after a bad outcome. Here are some great safety tips to keep in mind while using any cash app:

Only send money to people you know and trust. With many of the apps, it is difficult to cancel a payment once you have sent it.
Double-check your recipient’s phone number and email. If you accidentally send it to the wrong place, you likely will not get it back.
Treat these cash apps like cash. Once you authorize a payment to someone, it’s quickly in their hands.
Be cautious of deceptive payment schemes. An offer that sounds too good to be true probably is.

Peer to Peer Payment Apps

Safety tips for using peer-to-peer (P2P) payment apps

Current fraud trends
Read this important information about the latest scams.

Tax scam information
Know the telltale signs of common tax scams.

learn more about tax scams

Protect yourself from a mortgage closing wiring scam

There has been an increase in fraud targeting mortgage closing companies and consumers near the closing date of their dream property.

Online shopping tips
Online shopping tips to prevent fraud while shopping online.

Create strong passwords
Making your password more complex will keep you safer online (though much more can still be done).

Quick tips for online security
10 things you can do to ensure the online safety and security of your account.

Safety tips for members
Socially engineered schemes often rely on methods that financial institutions would never employ.

Use anti-virus software, and keep it updated
Using anti-virus software and keeping it up-to-date is the best protection against these threats.

Use a personal firewall, and keep it updated
Installing a personal firewall is essential to safeguard your computer and valuable personal information.

Online scams
Be aware of deceptive emails, pop-ups, and other online scams.

Phone scams
As consumers become more educated about fraud and identity theft, online criminals are moving to other places to launch their scams.

Check the security lock
To verify a website is genuine, double click the lock to display the website's security certificate. If the name on the certificate and the name of the website in the address bar do not match, the website may be phony.

Guard your privacy
Guard your privacy and limit the amount of personal information you share online.

Check your online statements frequently
In order to help ensure that you and your information stay safe, check your online account statements frequently.

Debit & ATM card security
So that we may notify you as quickly as possible, it is important that Eglin FCU has your cell phone number and accurate email address.

Security at ATMs
Maximize your safety at ATMs with these tips.

Make your smartphone safe
Smartphones give us a lot of freedom and make our lives more efficient, but they also present their own set of challenges when it comes to data security.

Eglin FCU's commitment to security
We are committed to taking reasonable steps to protect the security of our member's financial information in all areas of our operations.