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Technology

Chase will start blocking Zelle payments over social media

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Summary
Nutrition label

73% Informative

Chase says it may “decline or block” payments related to purchases from social media marketplaces or messaging apps .

The new policy goes into effect on March 23rd, 2025 .

The change follows a lawsuit filed in December by the Consumer Financial Protection Bureau .

The CFPB accuses Zelle and three banks that own it of failing “to protect consumers from widespread fraud”.

VR Score

60

Informative language

49

Neutral language

80

Article tone

informal

Language

English

Language complexity

61

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

Affiliate links

no affiliate links

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