Chase Bank may block Zelle payments to social media contacts

Chase will start blocking Zelle payments over social media
Chase Bank is going to make it harder to use Zelle for transactions stemming from social media. In an update to its policy on Zelle, Chase says it may “decline or block” payments related to purchases from social media marketplaces or messaging apps,
Chase To Block Zelle Social Media Transactions To Combat Fraudulent Payments
The Consumer Financial Protection Bureau (CFPB) filed a lawsuit against Chase and Zelle, accusing the companies of failing “to protect consumers from widespread fraud.”
Chase Bank may block Zelle payments to social media contacts as scams surge
Scams on Zelle, the digital payments app, have apparently gotten so widespread that Chase Bank is moving to block users from sending payments to social media contacts. Chase updated its user policy, indicating it may block these sorts of payments.
Chase Says Making Payments Over Social Media Is Too Messy, Will Block Zelle Transactions
The policy, which will go into effect on March 23rd, 2025, will mark a level of increased scrutiny from Chase on any transaction that appears to be for an online purchase made through social media—whether that is buying something from an online marketplace or making a trade with a connection from a Reddit community.
Chase to Block Zelle Payments From Social Media Apps
"If you are sending a Zelle payment from your Chase account that is identified as originating from contact through social media, we may, in our discretion, delay, decline, or block that payment," according to a revised Zelle service agreement first spotted by BleepingComputer.
Chase to Block Zelle Payments to Sellers on Social Media Amid Rising Scams
JPMorgan Chase Bank (Chase) is about to implement new restrictions on Zelle payments to combat a sharp increase in scams exploiting the digital payment service.
JPMorgan Chase launches new restrictions on Zelle after $870 million lost in scams at Chase, Bank of America and Wells Fargo
The controversial payment service Zelle has been used by fraudsters, leading to a massive lawsuit against the operator and three big banks.
Chase will soon block Zelle payments to sellers on social media
JPMorgan Chase Bank (Chase) will soon start blocking Zelle payments to social media contacts to combat a significant rise in online scams utilizing the service for fraud.
Tech Bytes: Chase will soon block Zelle payments to sellers on social media
In today's Tech Bytes, ABC's Andrew Dymburt has the shares, Chase will soon block Zelle payments to sellers on social media and more.
Chase’s latest move will help cut fraud, but Zelle users may not like it
Chase Bank will be blocking Zelle payments to sellers on social media platforms and messaging apps starting March 23.
The Daily Hodl3d
JPMorgan Chase Launching New Zelle Restrictions After Chase, Bank of America and Wells Fargo Customers Lose $456,000,000 To Scams in One Year
JPMorgan Chase is making major changes to the way its customers can use the payments service Zelle. Starting next month, the ...