Hello Zelle. Goodbye Paypal, Venmo, and Your Cousins
Recently I was asked why I had drifted away from using Paypal, Venmo and similar payment services to collect payments from my clients. One simple reason: Zelle. Zelle is a money transfer service free to customers of participating banks. Zelle sends the recipient a text or email indicating there's a payment waiting for them, along with a link to accept it. If the recipient's bank is a participating partner, the recipient simply needs to register for the service through their bank's website or mobile app with an email address or phone number. Zelle payments are typically available within minutes. (The…
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2023-10-28
