Zelle fucks customers. My bank sends an email for me to use Zelle.

[Cyrano]

Yeah, my bank seems to be behind the curve.

Let me update you on using Zelle which is in today's news. If you get scammed, they won't cover your losses. They may cover it partially, but aside from that, you're on your own. (If you're a Zelle user, Google the latest news.)

Sooo, today I get an email from my bank encouraging me to use Zelle. Sigh. Do you think that in a few days, or by next week, they'll have caught up?

We really are peasants at the mercy of Big Business. And we're on our own as far as protecting ourselves.

And given the big picture, Big Business will continue to screw us, even if we manage to defeat the right wing assault on democracy.

[Bristlecone]

1. My son was scammed via Zelle. Wells told him tough luck

And as a result, I will never use Zelle and don’t
/won’t use Wells Fargo.

[Deep State Witch]

2. WF is Evil

I mean, more than most multi-national banks. They literally forged signatures of homebuyers on documents back in the 2000's. I refuse to do business with them anymore because they almost took our house away from us.

[maxsolomon]

3. I just used Zelle for a $1500 transaction.

My Credit Union gave me multiple warnings that it was at risk. I called the company I was paying to confirm the name of their account.

Don't use Zelle unless you know 100% where it's going.

[Demsrule86]

4. That is a scam. I doubt the email came

From your bank. If I use Zelle, I go to the bank’s website and do it that way. I use it to put money in DD in college overdraws her account.

[Cyrano]

5. The email wasn't the point, whether it was a

scam or not. The issue I'm pointing out is that Zelle screws you by not covering any kind of fraud 100%.

If my credit card ends up being illegally used by someone else, they either stop the transaction, or eat the loss. They've never charged me for fraudulent use of it. On the other hand, Zelle may pay a portion, but you're stuck with paying the balance of the fraudulent transaction.