Zelle users are finding out the hard way theres no fraud protection

Scammers have taken to Zelle, the Venmo alternative backed by U.S. banks, to defraud consumers who believe the service includes the same protections theyve come to expect from PayPal. A number of customers report having lost hundreds, or even thousands of dollars, over Zelle, when they used it for transactions with people they didnt know like tickets bought off a Read More

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Zelle users are finding out the hard way theres no fraud protection
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Zelle users are finding out the hard way theres no fraud protection
3 years ago

http://feedproxy.google.com/~r/Techcrunch/~3/zNtk6Lop6Yo/ Scammers have taken to Zelle, the Venmo alternative backed by U.S. banks, to defraud consumers who believe the service includes the same protections theyve come to expect from PayPal. A number of customers report having lost hundreds, or even thousands of dollars, over Zelle, when they used it for transactions with people they didnt know like tickets bought off a Read More

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