Except Zelle and a lot of banks also have forced arbitration clauses... Section ... | Hacker News

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nijave on April 22, 2022 | parent | context | favorite | on: Venmo forces binding arbitration unless you opt ou...

Except Zelle and a lot of banks also have forced arbitration clauses...

Section 26 https://www.zellepay.com/legal/user-service-agreement

toomuchtodo on April 22, 2022 [–]

Importantly, banks and deposit accounts fall under financial regulatory requirements, FDIC, OCC, and whatnot. You have more recourse with a deposit account vs a PaypalVenmo account, full stop.

https://twitter.com/patio11/status/1500993875627761666 (patio11 on Zelle and Reg E, for example)

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