- Scammers use Zelle and other payment apps because transactions are quick and hard to track.
- If you get scammed on Zelle, it will be difficult to get your money back.
- Use Zelle only for family and friends, and make sure to implement caution toward people you don’t know.
Scammers are now turning to peer-to-peer (P2p) payment networks like Zelle to con people out of their money.
Here’s what you should know about Zelle scams, so you can protect yourself while using the payment app.
How Zelle scams work
A scam occurs when is person or company tries to deceive you into directly giving them money or sharing personal information so they can access it.
John Breyault, National Consumer League vice president of public, telecommunications, and…
