Peer-to-peer (P2P) payment apps make it easy to send money in seconds, whether you’re splitting dinner, paying a friend, or sending money to family. But once you hit Send, there’s often no getting it back.

Before you send your next payment, remember these simple tips:

• Only send money to people you know and trust.
• Double-check the recipient’s information before confirming your payment.
• Know that most P2P payments can’t be canceled or reversed.
• Avoid using P2P apps to pay unfamiliar sellers or local businesses, since many transactions don’t include purchase protection if something goes wrong.

Taking a few extra seconds to verify who you’re paying can help protect your money and give you greater peace of mind.