Zelle users are getting scammed just like on Venmo


Zelle, the standalone Venmo-like payments app founded by major banks, is still relatively new to the game, and its users — much like Venmo users before them — are unfortunately learning now that it’s easy to get scammed through the app, according to a report from TechCrunch.

Unlike a notorious Venmo scam, which involves stealing physical goods by using Venmo to pay for them with stolen credit cards or hacked accounts (which the payments company would then reverse, leaving sellers with neither goods nor money), Zelle users are being preyed upon the other way around.

Scammers will offer to sell things like phones or concert tickets, and ask that the buyer use…

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