One thing you should do after receiving payment via P2P

[Chilwell]

I have also witness this kind of things before it happens to a friend of mine. Fake transactions happens a lot these days in both peer to peer transaction and also in the centralised bank. It is important to stay vigilant to prevent this kind of issues. When someone sent you the screenshot of the payment don't free the person, make sure you login to the mobile app for confirmation, make sure you receive the credit alerts and make sure that you see the transaction (credit alerts) in the transaction history. Before you let go of the person. I know that people are not the same, and is not everyone that is going to cheat you. But since you won't be able to differentiate between the bad people from the good people, is better
for you to confirm it for security purpose, because we are in political air, and anything can happen with the twinkle of the eyes.

[Dr.Bitcoin_Strange]

Do not believe in message but go to the bank app to know if the money has truly been transferred. If it is there, there is no problem. If something like this become a problem, we would have been discussing about it.

Well is not just about going to the bank app to confirm transaction, you can check your bank app and see the money in there but trust me nothing is there perhaps you haven't experienced what I am saying, it will sound like a play or fallacy until you experience what I am saying though I don't wish or pray that to happen to you or anybody but sometimes some people don't believe things until it happens to them.

I have seen where someone went to buy clothes and transferred a huge amount of money and the person selling the clothes confirmed everything but after a while she tried to transfer the money to her account, guess what insufficient fund and the seller luck was that she marked the guy's face and the guy foolishly came back next time and they caught him.

I am telling you now, not just based on experience but as a  staff in one of the financial institutions you know about, once you get credited and the money reflects on your bank app and also on the transaction history of your bank app, that means it's not a fake transfer. Fake transfers only come via SMS and the way they modified it now, if you get the SMS, it will correspond with your previous balance but the way you can confirm if it's true or not is to check your bank app if it sycs with the balance you have there but if you don't have a bank app, that's where the problem is, although without a bank app, you can use your debit card to go and check your balance with a POS terminal.

The other situation you are trying to explain, have you confirmed if the person only received SMS alert or checked from banking app?

Someone have done fake transfer to my UBA account and I got the SMS alert but when I checked my app, I didn't see anything, the scammer also showed me his own fake debit alarrt but I told him that until I see the money on my app, I can't release the goods to him.

May cases where they have done fake tranfers to my clients, it never reflect on the app.

[Roseline492]

Before when I haven't understand how this work I usually think that someone could send you a fake transfer and it reflected on your bank account balance but now I have understand that is not possible for such to be reflected on someone's balance because before any money will be credited on your account it undergoes some faces of verification from the bank and after processing they will now effect it on the account so there is no how this can happen, if you are using online bank sometimes to receive money, you will see that when they transfer money to you it will indicate as a pending transaction, so what this mean is that they are confirming it before approval so actually what I'm saying is that I don't too bother myself with sending out first to no whether is send able or it was a fake.

[Hatchy]

P2P these days are something else. We have to be very careful because there merchants that are on those platforms as mostly scammers.. and to them, majority of users or traders are newbies so they just test out their luck and see who fall for their evil trick. One thing you should know about bank mobile apps is that once you see that the transaction has been received on the app, it's not going to be a fake. It's already recorded by the bank..

Where most people get caught with the fake alert thing is that of when they use regular SMS text messages to confirm their alert. Someone who doesn't use a mobile app would fall pray easily because you get the text claiming that certain amount has been credited but actually it was just a forwarded message to your mobile number.. that's while you should as well avoid sending them your real number when you want to do p2p even if they insist avoid sending them your number..