



This is why it's important to make absolutely sure who is receiving the funds, and if it's a large transaction, say for rent, then it's ideal to have an emergency fund to keep you afloat if something like a double payment happens. Track your dispute in the Account Menu under Account Services. Answer a few questions, review your responses and click Submit dispute. Review the transaction details and click Dispute Transaction to start the process. However, because of that, Zelle transactions are final, meaning it's unlikely to reverse a transaction with the exception being if the receiver of the funds never set up a Zelle account. If you are enrolled with the Zelle® app and found an unauthorized transaction, please call us directly at 1-84. Heres how: After signing in, find and select the transaction you are concerned about. Many were also concerned about proving to the IRS that transactions were personal or for reimbursement from friends and were therefore non-taxable in the event they were mistakenly sent a 1099-K. Zelle is convenient as transfers go directly from one bank to another within minutes, unlike Venmo, PayPal, Apple Cash and Cash App. Recently there has been an uproar over the IRS planning to send 1099-Ks to 'gig economy' income earners who make > 600 transactions. What happens if your Zelle transactions go wrong? Please use the below fields to provide the requested information so that we may best assist you. We are open from 10am to 10pm ET, seven days a week excluding New Year's Day, Independence Day, Thanksgiving, and Christmas. "We're sorry that some customers are seeing duplicate transactions and fees on their checking account," a Chase spokesperson said Friday, adding the bank will be reversing any of those duplicate payments.Ī spokesperson from Zelle confirmed the issue is exclusive to Chase customers and there are no problems with its network. If you need immediate assistance, call us at 1-84. There are so many ways to lose money, not only through Zelle, but other money transfer services like PayPal and Venmo. Pending debit card charges may be disputed by calling. Several banks that participate in Zelle, including Bank of America, JPMorgan Chase and Wells Fargo, are reportedly on the verge of announcing plans to refund some customers for fraudulent purchases made through Zelle. On Friday, some JP Morgan Chase customers say their transactions doubled, causing them to lose money that they didn't anticipate, as reported earlier by MarketWatch.Ĭhase confirmed the issue is happening and that it's working on a solution. Can You Dispute A Zelle Transaction Chase Faunces number and attach it to his own Zelle account. Zelle is a peer-to-peer payment system allowing quick transfers of money from an individual's bank account to another person.
