Fake transfer on PalmPay is 100% possible and many PalmPay POS agents have fall victim of these fraudlent act. Balance Adder is another scam on app.
PalmPay Fake Transfer and PalmPay Balance Adder
PalmPay Fake Transfer refers to a scam where fraudsters manipulate "Request Money" feature on the PalmPay app to create the illusion of a money transfer. Scammers approach POS agents, request a transfer, and then generate a money request transaction receipt that mimics credit notifications. This deceives the agent into believing they have received funds, leading them to release funds without actual payment. To avoid falling victim, you should verify alerts, scrutinize transaction details, and confirm through that the alert you received is credit alert not request alert before releasing money. In this article, we'll explain how scammers carryout fake transfer using the PalmPay App and you can avoid falling victim of the fraudlent trap. How fake transfer is being carried out on PalmPay First of all, do note that scammers target PalmPay POS agent to succeed with the fake transfer. The scammers will walk into PalmPay agent kiosk and ask if the agent or merchant possess a PalmPay P…
Founded Mainwave Digital Media, Temmy Samuel is a financial advisor and journalist, blending financial expertise with storytelling skills to simplify complex financial topics for readers and clients alike. Learn More About Temmy Samuel
