ever use Zelle?

They have no customer service.

Which means:

- no recourse for any wrongdoing.

- No way to report criminal activity.

- no way to request limit changes.

And yet, it’s entirely kyc’d.

Banks on both sides of the transaction can freeze the money.

The worst of all worlds.

I recently paid a contractor via Zelle and they froze funds on his side. (We use the same bank btw.)

My money is gone - no recourse for either of us.

When I call the bank - they immediately tell me that Zelle is a third party that they have no control over.

I have also been scammed thru Zelle in a weird furniture fiasco.

You can enter your info and amount lost. To which they respond - there is nothing they can do.

Heres the thing, Zelle is owned by the seven biggest banks in America.

It’s just a scapegoat buffer between banks to absolve them of liability and responsibility.

Stop using it where ever you can.

Fuck banks and everything about them.