I'm curious about why Chime isn't widely accepted. I've heard about it and its features seem quite useful, but I don't understand the resistance. Is it the user interface, privacy concerns, or maybe people are just not aware of its benefits?
6 answers
StarlitFantasy
Mon Dec 02 2024
The rise in fraudulent activities has prompted several merchants to take stringent measures.
CloudlitWonder
Mon Dec 02 2024
Many merchants are now limiting the use of debit and credit cards issued by neobanks like Chime and Cash App.
KpopHarmonySoulMate
Mon Dec 02 2024
This restriction is a direct response to the increasing number of fraud cases involving these cards.
HanbokGlamourQueen
Mon Dec 02 2024
Neobanks, which are relatively new in the financial sector, have faced scrutiny due to their lax security measures.
KatanaSwordsmanshipSkill
Sun Dec 01 2024
Fraud experts are concerned about the lack of robust risk management practices employed by these financial institutions.