Scammers use payment apps to defraud their victims

8 On Your Side has been telling you for months about scams related to the Zelle payment app and others like it. cancel the payment. Victims who clicked on the link reported several different scams, including phone calls claiming to be from their bank as well as theft of bank account numbers and money. Protect yourself by ignoring any messages from unknown numbers claiming to be from Zelle or other payment apps. If you have any doubts, contact your bank directly about payments. Zelle is available to over 100 million banking customers through the 1,500 banks and credit unions that have signed up. Related scams have caught the attention of lawmakers in Washington, D.C. At least half a dozen U.S. senators have gathered to urge the Consumer Financial Protection Bureau to update its regulatory guidance on Zelle and require banks to reimburse victims of fraud. This change, if it occurs, can take months.

8 On Your Side has been telling you about scams related to the Zelle payment app and others like it for months.

Another example of an SMS scam using the name Zelle claims that a payment of $1,000 is pending.

There is a link to click to cancel the payment.

Victims who clicked on the link reported several different scams, including phone calls claiming to be from their bank as well as theft of bank account numbers and money.

Protect yourself by ignoring all messages from unknown numbers claiming to be from Zelle or other payment apps.

If you are in any doubt, contact your bank directly about payments.

Zelle is available to more than 100 million banking customers at the 1,500 banks and credit unions that have joined.

Related scams have caught the attention of lawmakers in Washington, D.C. At least half a dozen U.S. senators have come together to urge the Consumer Financial Protection Bureau to update its regulatory guidance on Zelle and require banks that they reimburse the victims of fraud. This change, if it occurs, can take months.

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