02-24-2021, 12:14 PM
space-time wrote:
My consumer advocate hero Clark Howard hates Zelle with a passion, though.
I am curious why, I don't follow him but now I need to look this up.
Does he had podcasts, or a log that you follow?
Here's one of his concerns with Venmo and the like: https://clark.com/scams-rip-offs/payment...nmo-zelle/
He's also said on his podcast a number of times that there's simply no do-overs for mistakes with these services. If you happen to add an extra 0 to a payment and the person receiving it won't return it, the banks say tough luck.
I listened to his radio broadcasts for years and have been listening to his podcasts (just search for Clark Howard) since he went modern.