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by victorbjorklund 406 days ago
Can you show us that? Where the consumer is left with no money at all and bank does not take the loss.
1 comments

Go Zelle someone and try to get the money back.
If YOU are the one sending the money of course it is not a hack etc becuase YOU are sending it. If Zelle is hacked and someone steals your money through that hack you will not be left with the loss.
When I was "hacked" two years ago, their final hurrah before I finally got everything offline for a time, they sent zelles as much as they could and was able to recover it without any loss on my end.
I guess things have changed since it has not always been the case that the bank would reimburse you.

https://www.nytimes.com/2022/03/06/business/payments-fraud-z...

Yeah, I think it truly depends on whether you hit the send button or not. Since I was hacked, it wasn't me hitting the send button.