You have many other ways to send and receive money online.
The The app took it can be goneBut Zelu is still available through your bank if it belongs to the network. If the bank with a chase, however, has New policy You need to keep in mind.
Since March 23, 2025, JPMorgan Chase has reserved the right to block Zel's transactions, which he believes comes from social media. The bank hopes that this will protect customers from fraudsters who have deceived hundreds of millions of dollars to date.
Fortunately, there are many other ways to send and receive money digitally. Here's what you need to know.
Read more: Don't be fooled by these devils Veno, an application for cash and frauds
Why does Chase block Zel's social media charges
He took others Digital payment applicationssuch as Venmo and Cash App, make it easier Cheaters To get your money, and many fraudsters target people on social media. According to ChaseAlmost 50% of the reports of fraud it received from June 1, 2024, until December 31, 2024, came from social media.
A December 2024 lawsuit The Consumer Financial Protection Bureau claims that clients at JPMorgan Chase, Bank of America and Wells Fargo have lost more than $ 870 million through Payments Zelle from the 2017 application. While CFPB recently dropped the suitIt has still raised alarms that customers are at risk using the digital payment application. And since it has been offered no protection against purchase, after sending the application money, you probably won't repay it.
With his new policy, Chase hopes to stop deceiving before happening. It has been updated Mobile Services Agreement will allow him to refuse or block the payments he believes to come from social media. The bank may also delay or keep payments so that it can ask you to authenticate the transaction, such as confirming your identity, the sender's identity or recipient and payment details.
Other ways to chase customers can safely send money
If you want to send or receive money through your chase account, there are many safe ways to do so. Chase partners with a few Other digital payment servicesas it is PayPal, Payment of apples, Google PaySamsung Pay and Paze.
You should never send money through an application to pay someone you don't know and believe. Also helps to know Signs of deception Thus, you can avoid falling into the traps of fraudsters.
The Independent App for Zel's Mobile Phone closed on April 1.