4 ms·
Zelle is great for things like splitting rent. Just don't use it to buy things from strangers.
by klipt 9y ago
Zelle is great for things like splitting rent. Just don't use it to buy things from strangers.
- dawnerd 9y agoIt's pretty clear when you read the docs behind it. It's only designed for people you know and trust. Presumably the banks agreed to this model as a way to cut costs while seemingly provide a beneficial service to customers.
- HedgeSparrow 9y agoThis makes sense to me as a Venmo equivalent, but doesn't Chase have a QuickPay feature that uses Zelle? Is it more secure from there or corner-cutting?
- JoshGlazebrook 9y agoTheir quick pay is literally called "Quick Pay with Zelle". Seems to be the same thing.
- rexf 9y agoThat's interesting. They can include anyone that uses Chase Quickpay in their "Zelle" metrics. Mind you, I'm referring to people who use QuickPay in the Chase app and not those who have downloaded the newer Zelle app.
- oh_sigh 9y agoZelle in their sales pitch even says its great for sending money to friends and people you know, but don't transact with strangers on it.