Zelle 'scam' reveals the need for consumer responsibility

[McFurd]

MobilePaymentsToday - 2/20/2018 - Will Hernandez - Where is the sense of personal responsibility? That's what I asked myself after I read a report from TechCrunch about consumers falling victim to a scam that involves Zelle, the mobile person-to-person platform backed by the biggest banks in the U.S. The scam itself is straightforward. A Craigslist user reaches out to a seller on the marketplace to buy something like concert tickets. The seller, in turn, asks the buyer to complete the transaction via Zelle, which the victim apparently is unaware exists. Read more @ https://www.mobilepaymentstoday.com/blo ... nsibility/