Zelle

Scammed With Zelle Over the Holidays? Banks May Now Reverse the Charges

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Zelle — the banking industry’s answer to PayPal, Venmo and CashApp — has become a digital payment powerhouse. It’s now baked into more than 2,000 banking apps, making it easy (and free) to transfer money instantly from one party to another. However, the instantaneous nature of payments and the fact that fraudulent payments are often technically authorized … Read more

Facebook Marketplace Is Being Ruined by Zelle Scammers

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Some scams encourage people to upgrade their Zelle accounts to a business tier to receive money from a buyer, according to the Better Business Bureau, and come from emails mimicking Zelle, but with different domains. That upgrade appears to cost $300, and the buyer promises to send it if the seller will then refund it. … Read more