Hacker News Reader

Sending SMS costs $$$, and the gateways are closely-guarded. There are bad actors hammering on logins to elicit SMS codes, and Zelle is charged for the service according to that volume.

View on HN

There’s no separate Zelle login, and Wells Fargo proper hasn’t banned my phone number, so this explanation makes no sense whatsoever.

Zelle is a separate company that likely operates its SMS sending system separately from Wells Fargo.

Reply on news.ycombinator.com