Anyone use Zelle
 

Anyone use banking app Zelle for buying or selling?

Apparently 98% of banking institutions use it. Basically it's a direct account to account transfer from one person to another. Seems like it makes sense for trusted fractions only as there is no recourse after payment is made. No fees involved. Ive paid a few auction invoices that accept it such as Hunts and Clean Sweep

Same here.
I used it a few times from my bank.
I sent to a couple auction houses, and also did to some Net54 member(s).
Still new to it, as i typically do paypal

I use it to pay my lawn service.

I may throw an item on the bst with Zelle only as payment to see what it looks like on the receiving end. I'm assuming they send you an email saying a deposit has been made to your bank account?

Zelle is owned by Early Warning Services, LLC, a consortium of major banks, including:

Bank of America
Truist
Capital One
JPMorgan Chase
PNC Bank
U.S. Bank
Wells Fargo

Wells Fargo has it seamlessly integrated into its app. Don't know about the others.

I use it all the time for client payments at my practice. Also to pay for stuff or receive payments at shows. REA takes Zelle for payments, too. At my bank, it is free of charge, so frictionless. I far prefer it to PayPal or Venmo.

I have just recently used it to pay Net54 members. It worked great.


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I only use zelle for use of payment,Zelle[emoji2400] is a fast, safe and easy way to send money to, and receive money from, people and eligible small businesses you know and trust who have a bank account in the U.S. -- typically in minutes when both sender and receiver are already enrolled with Zelle[emoji2400] at their financial institution or in the Zelle[emoji2400] app Zelle[emoji2400] doesn't charge a fee to send or receive money. We recommend confirming with your bank or credit union that there are no fees for Zelle[emoji2400] transactions. Was this helpful?