How to send money with Zelle® safely

How to send money with Zelle® safely

How to send money with Zelle® safely

Zelle® is a fast, safe and easy way to send and receive money with people you trust, like your babysitter, your fellow PTA mom, your son’s soccer coach, or your coworker. Whether you just enrolled with Zelle® or have been an active user for a while, there are a few tips you should always keep in mind to ensure you are being safe when sending money. 

Affinity soccer party 2021

Only send money to people you know and trust 

Money moves fast with Zelle®, directly from your Affinity account within minutes. So, it’s important you know and trust the people you’re sending money to. 

Why? Because you can’t cancel a payment once it’s been sent, if the recipient is already enrolled with Zelle®. And if you send money to someone you don’t know for a product or service you might not receive (like paying for something in advance), you may not get your money back. Keep in mind that sending money with Zelle® is similar to handing someone cash. 

Beware of payment scams 

One example of a payment scam is buying event tickets at a price that seems too good to be true from a stranger and never receiving them. If the seller asks you to use Zelle® to purchase the tickets, you should refuse unless the seller is a person you personally know and trust.

Also, keep in mind that no one from Affinity Federal Credit Union will ask you to send them money with Zelle® as a test or to send money to avoid a fraud event. Neither Affinity Federal Credit Union nor Zelle® offers a protection program for authorized payments made with Zelle®. So, if you aren’t sure you will get what you paid for, you should use another payment method with purchase protection, such as a credit card. 

Treat Zelle® like cash 

Did your friend change phone numbers recently? It’s easy for people to change their phone number or email address. When in doubt, contact your friend to verify the email or U.S. mobile number they used to enroll with Zelle® before you hit “Send.” Another good check point for ensuring you're paying the right person is to confirm the first name that is displayed for enrolled emails and U.S. mobile numbers. 

If a person has already enrolled a U.S. mobile number or email address with Zelle®, you can’t cancel the transaction, so it’s important you get it right the first time.

If you’d like more information on safely using peer-to-peer payments, check out these articles from the Federal Trade Commission (FTC) and Consumer Financial Protection Bureau (CFPB). 

  1. Helpful Tips for Using Mobile Payments Services and Avoiding Risky Mistakes1
  2. Tips on Using Peer-to-Peer Payment Systems and Apps2
  3. How to Keep Your Personal Information Secure Online3



*U.S. checking or savings account required to use Zelle®. Transactions between enrolled users typically occur in minutes. 

Zelle and the Zelle related marks are wholly owned by Early Warning Services, LLC and are used herein under license

This information is for informational purposes only and is intended to provide general guidance and does not constitute legal, tax, or financial advice. Each person’s circumstances are different and may not apply to the specific information provided. You should seek the advice of a financial professional, tax consultant, and/or legal counsel to discuss your specific needs before making any financial or other commitments regarding the matters related to your condition are made.  

1 Retrieved From: Helpful tips for using mobile payment services and avoiding risky mistakes | Consumer Financial Protection Bureau (consumerfinance.gov)

2 Retrieved From: Tips for using peer-to-peer payment systems and apps | FTC Consumer Information

3 Retrieved From: What To Know About Identity Theft | FTC Consumer Information