Here's what they had to say: Venmoīean said they use Venmo but won't keep money in the app because it's not FDIC-insured. Per the Federal Reserve System's website, Regulation E "provides a basic framework that establishes the rights, liabilities, and responsibilities of participants in electronic fund transfer systems." Which Transaction Apps Are Safe?īean created their TikTok in response to a commenter from a previous video, who asked: "Which transaction apps are safe?"īean answered the question by sharing which transaction apps they do and don't use and why. Sydney Bean revealed whether or not they use Venmo, Cash App, PayPal or Zelle in a now-viral TikTok with over 1 million views and more than 2,300 comments. "Additionally, I a finance major, so I know about the importance of FDIC coverage and the full extent of Regulation E when it comes to covering unauthorized transactions." I formed these opinions after watching customers be scammed every single day for years," Bean said. "The information in my transaction app video is primarily my opinion. Now, they study finance at the University of Idaho. About Beanīean told Newsweek that they once worked as a lead teller at "one of the largest banks in the United States." They then worked for the company as a banker during the height of the pandemic before moving on to a credit repair company. The former teller and finance major, Sydney Bean revealed whether or not they use Venmo, Cash App, PayPal or Zelle in a now-viral TikTok with over 1 million views and more than 2,300 comments. A former bank employee has gone viral on social media for sharing their honest opinions of popular transaction apps.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |