The safest way to pay someone involves using traceable, secure methods like Zelle, PayPal, or bank transfers (ACH/Wire) for known individuals, while using credit cards for online purchases due to fraud protection; always verify recipient details and use strong security like multi-factor authentication, and avoid untraceable methods like cash or prepaid cards for unknown parties.
How to pay when buying from someone you don't know: keep these tips in mind to help avoid scams
Here are some of the most secure payment methods available online:
While CashApp is generally safe to use, resolving issues like fraud or account breaches might take longer, as you'll be relying on CashApp's customer service rather than your bank's. Using Zelle through the bank's mobile app provides a significant advantage in terms of security and support.
Don't give your account credentials to anyone that contacts you. Protect your account with multi-factor authentication or a PIN. Before you submit any payment, double-check the recipient's information to make sure you're sending money to the right person.
Some banks avoid Zelle due to high fraud risks from irreversible payments, potential liability issues, high transaction costs for smaller institutions, and lack of control over Zelle's network rules set by larger banks, making it costly and risky compared to cheaper, slower options like ACH, though many are joining due to customer demand.
Yes, PayPal does protect against scams through its Buyer Protection program (reimbursing eligible purchases that don't arrive or aren't as described) and robust security features, including 24/7 fraud monitoring, data encryption, and strong login security (like passkeys/2FA) to prevent unauthorized access, but users must still be vigilant and report issues promptly.
Once you wire the money, you never receive the loan. In addition, the crooks have your bank account information and may rob your account.
Only use secure payment methods – those used by reputable online retailers. Make sure you don't feel rushed. Scammers will often create a sense of urgency. Saying it's a limited offer or price encourages you to act without taking as much time to consider the purchase.
PayPal and Zelle have similar security protocols and encryption. They both have strict controls and offer two-factor authentication for payments. Zelle has the additional advantage of being embedded into many banking apps.
Did a scammer make an unauthorized transfer from your bank account? Contact your bank and tell them it was an unauthorized debit or withdrawal. Ask them to reverse the transaction and give you your money back.
Is PayPal safer than a bank transfer? Both PayPal and traditional banking providers take important security measures to protect your money from fraud. However, PayPal may be considered more secure for online transactions, as you can pay for goods and services using just your email address.
If a criminal has both your routing number and account number they can potentially steal money from your account through fraudulent ACH transfers and payments.
The Zelle App is Gone. What Does That Mean? As of April 1, 2025, Zelle has officially shut down its standalone app. This decision was driven by the fact that most users already accessed Zelle through their bank or credit union's mobile app.
Red flags. Keep an eye out for anything that doesn't seem right, including these common red flags: Requests for payment from someone you just met, have never met in person, or haven't spoken to in a while. Pressure to send money right away for fear of losing out on a special deal or suffering dire consequences.
The safest ways to receive money from a stranger involve platforms with buyer/seller protection or in-person, secure methods like cash or cashier's checks, using apps like PayPal Goods & Services, meeting in public for cash, or getting a verified bank transfer, while avoiding untraceable methods like gift cards or crypto. Always use strong security, don't share excessive details, and trust your gut if a deal feels suspicious.
No, someone cannot directly withdraw money from your account with just your account number. The account number alone doesn't provide enough access for someone to withdraw funds. Additional information, like security codes or personal details, is required to authorize withdrawals.