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What to know about mobile payment apps: Fees, taxes, more

CNBC's senior personal finance correspondent Sharon Epperson joins the 3rd Hour of TODAY to share what you need to know about mobile payment apps like Venmo, Apple Pay, and Zelle. Epperson cautions that people who are looking to replace cash and cards with these apps should watch out for transaction fees, taxes, and account security through face scans or passcodes.

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