Here’s what it says on Zelle’s website: “If your recipient has already enrolled with Zelle, the money is sent directly to your recipient’s bank account and cannot be canceled.” That means if you send money to the wrong person, get hacked or your phone is stolen, you may be in big trouble! The bad thing about Zelle is that there’s no way to cancel a payment to another user. You’ll have to check with your banking institution. The banks and credit unions that use Zelle may have fees, though.
The good thing is that Zelle itself doesn’t charge a fee to send or receive money. Zelle is a payment app run by Early Warning Systems LLC, a financial services consortium that is actually owned by a group of big banks. Is The Zelle Account Permanently Locked? Here Is What You Need To Do 1.
Your account is password protected to ensure a safe experience for you. It hardly takes a few minutes to register with Zelle doing which you avail its benefits of cashless transactions without even visiting your bank. Zelle is a quick and easy service to move money to and from the bank accounts which makes it important for the users to use it responsibly. Zelle Account Suspended | Zelle Account locked