Credit cards and digital payment apps such as PayPal offer some distinct advantages over cash, including the ability to recover money paid to scammers.
But Zelle, a digital payment network owned by seven major banks, isn't so protective of its users.
If you use Zelle to pay someone who proves to be a con artist, you have only a slim chance of recovering the money from your bank. The same is true if you send money to the wrong person. If you hit send, the money is probably gone — just as if you'd lost a $20 bill on the street.
