Pulse of Truth

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Chase will soon block Zelle payments to sellers on social media (www.bleepingcomputer.com)

submitted 4 days ago by [email protected] to c/[email protected]

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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. [...]

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[–] cm0002 2 points 4 days ago* (last edited 4 days ago) (1 children)

What? What year is this? Who needs to go to a physical branch these days?

Just make sure the bank you're opening an account with either partners with an ATM network in your area or refunds ATM fees and you're fine

[–] over_clox -1 points 4 days ago (1 children)

Refunds ATM fees? That's almost so funny I forgot to laugh. It costs almost $10 for an out of state withdrawal here for him.

[–] [email protected] 1 points 4 days ago (1 children)

There are so many online banks that reimburse fees. He should look into one of those.

[–] over_clox -1 points 4 days ago (1 children)

Have you ever tried to convince an elderly person to even so much as get an email?

[–] [email protected] 1 points 4 days ago (1 children)

Had no idea they were elderly, I don't think you mentioned that. Have you suggested any credit unions local to you guys? They're def better than the big wig banks anyhow.

[–] over_clox -2 points 4 days ago (1 children)

Yeah, he's already with a credit union.

He knows more about his finances than I do, and I don't ask.

He does all his math on paper, down to the penny. But he's like fuckall with modern technology, and I respect him for that.

It's his way of avoiding scammers.

[–] [email protected] 2 points 4 days ago

That's fair! I've got family members (father in law) that were the same way until I showed him a few things where tech could help him if just took the time to learn it from me. He was very reluctant but now he's almost addicted lol. It can be tough to get people at a certain age to embrace modern tools but it's always rewarding when you can get through to them and watch as they get excited like I was in 94 when I got AOL lol.

Good luck!