Next time you’re out with friends and need to split the bill, don’t panic if you don’t have cash or forgot your wallet.
Major banks are jumping on the bandwagon with insta-pay apps.
Experts say millennials are leading this “peer to peer payment” as americans have written billions less checks over the past decade but before you sign up for an insta pay service, make sure you ask your bank:
- How they keep your personal data secure.
- How quickly will the payments “post” to your account.
- How much are the fees.
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