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. Zelle is a highly popular ...

Starting March 23, Chase Bank will decline or block Zelle transactions initiated on social media. "If you are sending a Zelle payment from your Chase account that is identified as originating from ...

A high rate of Zelle scams originating from social media contacts has led JPMorgan Chase Bank to block payments made through social media networks and messaging apps. Chase said that Zelle was ...

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According to Chase, if the receiving party of a Zelle transfer is “identified as originating from contact through social media,” the bank may choose to decline or block that payment from going ...