Chase Bank is now stopping some Zelle fees. Here is how you can send money instead

the Zelle may disappearBut Zelle is still available through your bank if it belongs to the Zelle network. If you give chains, there is a New policy You should consider.

As of March 23, 2025, Jpmorgan Chase maintains the right to prevent Zelle’s transactions that you believe have originated from social media. The bank hopes to protect these clients from fraudsters, who have rid people of hundreds of millions of dollars so far.

Fortunately, there are many other ways to send and receive money digitally. Here is what you need to know.

Read more: Do not be deceived by these twisted tricks, monetary applications and Zelle Scams

Why is Chis to prevent Zelle’s social media fees

Zel and others Digital payment applicationsLike Venmo and Cash, make it easy Fraudulent For your money, many fraudsters target people on social media. according to ChaseNearly 50 % of the fraud reports he received from June 1, 2024 to December 31, 2024, came from social media.

A December 2024 lawsuit By the Consumers Financial Protection Office claimed that customers at JPMorgan Chase, Bank of America and Wales Vargo lost more than $ 870 million through Zelle payments since the launch of the application in 2017. While CFPB The lawsuit was droppedIt still raises the warnings that customers are at risk using the digital payment application. And because Zelle does not provide any protection for purchase, once you send your money on the application, it is unlikely to restore it.

With its new policy, Chis hopes to stop fraud before it happens. It has been updated Zelle service agreement It will be allowed to decline or prevent payments that she believes have arisen on social media. The bank may also delay or carry payments so that it can request information from you to ratify the transaction, such as checking your identity or the sender or details of the recipient’s identity and payment details.

Other methods can safely send money to send money

If you want to send or receive money through your Chase account, there are many safe ways to do this. Chis partners with many Other digital payment serviceslike PayPaland Apple’s wageand Google paidSamsung Pay and Paze.

The money should not be sent by applying the payment to a person you do not know and trust. It also helps to know Signs of fraud So you can avoid falling into the traps of fraudsters.