Recap: Expanding Zelle, Alaska Satellite WiFi & More

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• The Alaska wifi update takes a decent amount of the pain of losing the gogo credits on the Altitude Reserve, since that's the main place I was using the credits.

• Clark Howard dislikes this.

• I don’t see zelle competing with credit/debit cards anytime soon. They’re not even the same product. One is an account you can borrow against with fraud protection, the second is basically digital cash. What is a customers incentive to use zelle over a card if the product or service costs the same with both but they get some “perks” by using a credit card?

  • the question would be if they can make the cost cheaper. currently CC agreements make that impossible (i think). but maybe they could change that.

    • Businesses are allowed to offer a cash discount for...paying in cash. You might have seen it with gas stations. It's in the 2010 Durbin Amendment to the Dodd-Frank Act.

      It's arguable that a Zelle "payment" system could be interpreted as cash payments and therefore allowed to have a discount. Not definite, though.

  • Not everyone has or is able to be approved for a credit card...

• Is Zelle is still owned by EWS? They make the credit bureaus look like the good guys.

  • What makes them bad?

    • There is no protection offered by Zelle. Scams based on Zelle area increasing. If by mistake money is transferred to wrong person, it is gone for good.

      • unless they return it - which has happened to me and a friend.

        • That's nice.

  • Yes, Zelle is still owned by EWS