Kansas Crimson

DCHawk1 wrote: ↑Mon Jan 16, 2023 2:21 pm Imjustheretoofferexperthelp

MICHHAWK wrote: ↑Mon Jan 16, 2023 1:40 pm

japhy wrote: ↑Mon Jan 16, 2023 1:30 pm Are you working in the sciences? A related field maybe?

there are about 13 active contributing members of this forum. roughly half pretend to be an expert in the field. so sure, why not. yes i work in the sciences. yes i work in a related field.

why not. everybody else does.

Overlander wrote: ↑Tue Jan 17, 2023 8:26 pm I am not an expert in the field, but my wife is.

And she is 100% convinced, after reading some of your posts, that at least 4 of you are fucking idiots.

Decide amongst yourselves who the 4 are.

DCHawk1 wrote: ↑Thu Jan 19, 2023 9:14 am Did he get stung by a bee?

Several bees?

CrimsonNBlue wrote: ↑Thu Jan 19, 2023 4:00 pm I've read maybe 10% of this thread--any flat-earthers in here?

ousdahl wrote: ↑Wed Jan 18, 2023 10:00 pm

twocoach wrote: ↑Thu Jan 19, 2023 4:11 pmZelle is a major fraud liability and offers zero consumer protection. Use at your own risk.

CrimsonNBlue wrote: ↑Thu Jan 19, 2023 4:14 pm

twocoach wrote: ↑Thu Jan 19, 2023 4:11 pmZelle is a major fraud liability and offers zero consumer protection. Use at your own risk.

Why do banks (seem to) prefer Zelle over PayPal/Venmo?

twocoach wrote: ↑Thu Jan 19, 2023 4:36 pm

CrimsonNBlue wrote: ↑Thu Jan 19, 2023 4:14 pm

twocoach wrote: ↑Thu Jan 19, 2023 4:11 pmZelle is a major fraud liability and offers zero consumer protection. Use at your own risk.

Why do banks (seem to) prefer Zelle over PayPal/Venmo?

Zelle is an ACH transaction, the same as if you wired money only it doesn't take multiple days to process end to end like a wire transaction. It rides the established ACH system but is quicker and involves less fees (for both the account holder and the bank) end to end and can be set up by your bank as it ties directly to your bank account, which is good until a fraudster gets hold of it. Unfortunately, fraudsters are taking advantage of Zelle's ties directly to a DDA account as well as the quick turnaround and starting to run major amounts of fraud through it.

I prefer to use Paypal and only ever tie my PayPal to a credit card. Your DDA is your real money; if a fraudster gets into that it is a real pain in the ass because you are out that money until you get it all sorted out. A credit card is just fake money; a high tech IOU system basically. You aren't out that money if a fraudster dings you and it is much easier to get that situation rectified.

But some people require the "I need that money right now" of Zelle. Faster and more convenient is great when there are no problems but it comes at a higher risk of impactful fraud.