https://arstechnica.com/tech-policy/2022/01/paypal-stole-use...
https://www.engadget.com/paypal-lawsuit-freezing-customer-ac...
And to be clear, this is not an isolated event.
Venmo is a mindbogglingly stupid thing that requires you to take active steps just to keep it from broadcasting your financial activity to the world, and last I checked there was no way to keep your "friend list" from being public at all.
On top of that there was a period where they disabled transfer functionality on their website altogether and the only way you could send money was through their proprietary mobile app. Seems they eventually reversed course on this, but I have no idea how long it took.
Instead of asking the user their bank account number, routing number; you simply ask their zelle email or phone number (either of which can be with any bank, no info leaked). You send money.
Zelle ask for phone or email of other party, then it shows their registered name in Bold. If one still confirms to send, its on them.
Zelle options like check options, imagine if people said Oh my God auto check honor system??
and google pay? this may surprise you but in my immediate family only 1 (out of 6) has an iphone. we basically use zelle to transfer cash around. I personally will not use paypal or venmo, but I do use google pay.