Using PayPal to send money to grandchild in college

[sengsational]

Zelle is on Clark Howard's "Never" list. Apparently there are a lot of people who got ripped off and there was no recourse.

 

[bobandsherry]

Zelle is on Clark Howard's "Never" list. Apparently there are a lot of people who got ripped off and there was no recourse.

Not sure why it's on a "never" list. I've used it for years and never a problem.

Who Owns Zelle?

Zelle is a product of Early Warning Services, LLC, a fintech company owned by seven of America’s largest banks: Bank of America, Truist, Capital One, JPMorgan Chase, PNC Bank, U.S. Bank and Wells Fargo.

 

[SecondAttempt]

Not sure why it's on a "never" list. I've used it for years and never a problem.

Who Owns Zelle?

Zelle is a product of Early Warning Services, LLC, a fintech company owned by seven of America’s largest banks: Bank of America, Truist, Capital One, JPMorgan Chase, PNC Bank, U.S. Bank and Wells Fargo.

I think the key is who you send money to. Don't send to someone you have not known in person for at least 10 years. That will keep you out of 99.9% of scams on any platform.