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The banks didn’t do themselves any favors with Zelle either. All they had to do was make a nice copy of paypal/venmo/cashapp/etc but they inexplicably did not,
by eep_social 3y ago
The banks didn’t do themselves any favors with Zelle either. All they had to do was make a nice copy of paypal/venmo/cashapp/etc but they inexplicably did not, and now we have the meme that Zelle is mostly fraud. In my experience the implementations are horrific and don’t integrate with anything else my bank is doing so I do t feel comfortable pushing people to use it rather than paypal or venmo.
- bombcar 3y agoAs a payment method approaches irreversibility it attracts more and more fraud. The main thing Zelle gives us normal plebs is the ability to pay via routing numbers to businesses without incurring fees. Possible before, easy now.