Zelle scams lead Chase Bank to block payment to social media contacts
A high rate of Zelle scams originating from social media contacts has led JPMorgan Chase Bank to block payments ...
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Chase will soon block Zelle payments to sellers on social media
JPMorgan Chase Bank (Chase) will soon start blocking Zelle payments to social media contacts to combat a significant rise in online scams utilizing the service for fraud. Zelle is a highly popular ...
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Why Zelle Is the New King of Peer-to-Peer Payments (Sorry, Venmo and PayPal)
And the horserace for market leadership in that field has a new leader. In 2024, Zelle topped $1 trillion in transactions for the first time. Some 151 million people used the payments network ...
Chase’s latest move will help cut fraud, but Zelle users may not like it
Chase Bank will be blocking Zelle payments to sellers on social media platforms and messaging apps starting March 23.
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