4 ms·
It's frustrating that you can't preset transfer limits on these apps. Like I'd be fine with a $500 transfer limit to accounts I haven't previously sent to, with
by smelendez 2y ago
It's frustrating that you can't preset transfer limits on these apps. Like I'd be fine with a $500 transfer limit to accounts I haven't previously sent to, with a 24-hour period to authorize a new recipient to receive more.
- LorenPechtel 2y agoOr put an automatic 24 hour hold on any new recipients. You can enter the transaction, the recipient gets the notification but with the qualification that it's pending. That would pretty much put a stop to the robbery problem without being an issue for the legitimate user as it's only intended for friendly situations anyway.
- valiant55 2y agoNow the robbery turns into a murder?
- LorenPechtel 2y agoAnyone who goes around murdering every robbery victim is going to have an awful lot of police hunting them. It's not a viable path.
- reginald78 2y agoThey probably would just need to kidnap you for 24 hours, but murder would also work. Depends how patient they are and if they have the manpower to guard you for 24 hours.
- twelve40 2y agoZelle at major banks already does that. I can't transfer more than $2k-$5k into my own account of many years at a different bank, and I'm pretty sure the limit was more like $500 initially. Honestly, I have no idea how to steal $50k from anyone's banking app. Maybe a wire? Haven't tried via app. Not to mentioned whoever you're wiring to has been KYC'd. But certainly not through Zelle at US top 5 banks.