The news:Chase will start to block more Zelle transactions that stem from social media marketplaces or messaging apps in order to protect consumers from scams, per The Verge.
Starting March 23, Chase will “delay, decline, or block” payments using its discretion and may also request more information when consumers add a payment recipient to Zelle.
Chase said Zelle was never intended to be used as a payment mechanism for buying things on social media. It’s designed to send money between trusted friends and family members.
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