FDIC insurance does not cover losses due to theft or fraud. However, federal laws such as the Electronic Fund Transfer Act and the Fair Credit Billing Act protect against unauthorized transactions. Please note that Paga has implemented multilayer security to protect your account. However, it is important to ensure that you keep your login credentials safe and for your own use only.
Does the FDIC protect against fraud or theft in my U account? Print
Created by: Wale Anifowose
Modified on: Tue, 1 Oct, 2024 at 3:21 AM
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