Tap-to-pay charity scam can cost you thousands

This material may not be published, broadcast, rewritten, or redistributed. ©2026 FOX News Network, LLC. All rights reserved. Quotes displayed in real-time or delayed by at least 15 minutes. Market data provided by Factset. Powered and implemented by FactSet Digital Solutions. Legal Statement. Mutual Fund and ETF data provided by LSEG. ScamSkeptic founder Matt Sanner discusses the growing urgency of protecting vulnerable seniors from AI-powered scams. He shares tips for recognizing high-pressure phone tactics and helping parents avoid fraud on ‘America’s Newsroom.’ Tap to pay has become one of my favorite modern conveniences. I use it all the time. In fact, I rarely need to pull out a physical wallet anymore because contactless payments are accepted in so many places. There's a security advantage, too. Mobile wallets can use tokenization or virtual card numbers, so your actual card number does not need to pass directly to a merchant during a transaction. That makes what's happening with a tap-to-pay charity scam especially frustrating. Criminals are taking a technology designed to make paying easier and using a moment of distraction to turn a small donation into a potentially massi
Source: For the complete article, please visit the original source link below.
