How To Use Zelle? Learn About Fees, Features, and Benefits 2021

Digital services have replaced the conventional way of doing things. From traveling to entertainment everything has changed. The task of money management has also changed to the significant level. As we are talking about the latest and advanced ways of money management, it is important to mention Zelle. There are many fast, safe, and reliable payment apps in the USA. And Zelle is one of few top rated payment applications. But, still, many people don't know how to use Zelle.

To help you understand the main features and benefits of using Zelle, I am going to walk you through the session of important questions and answers. So, let's cut to the chase and get straight to the point.

What is Zelle? Do you need a bank account for Zelle?

 Re-established in December, 2017 Zelle is a payment app that one can use to store, send, and transfer money to and from contacts. Actually, earlier it was known as clearXchange. As a result of major development in the end of the 2017, Early Warning System purchased clearXchange and rebranded it as the Zelle. Later on, Bank of America, JP Morgan, Chase, and Walls Fargo also joined hands in the ownership of Zelle payments. The expansion of ownership did not stop here. In just a short period of time, Capital One and US bank also became the partner in the ownership of Zelle.

There are two ways to use Zelle. It is worth noting that even if you don't have downloaded the Zelle payment app on your phone, you still can use Zelle with the help of your banking app. Zelle comes pre-installed with so many banking applications such as Bank of America, JP Morgan Chase, PNC Bank, Wells Fargo, and Capital One. So, in order to send and receive money to and from your contacts using Zelle, you must have an account on any of the banks that support and offer Zelle service. In case if your bank or credit union does not offer Zelle, worry not. You separately can download the Zelle payment app and use Zelle with ease of mind by connecting your bank account to it.

Is there a fee to use Zelle?

You will be glad to know that most of the services are free on Zelle. If you are a verified Zelle user, you can store, send, and receive money without paying anything. Also, the task of bank transfer to and from bank account is free. Moreover, anyone can download the Zelle app, set up, and manage accounts for free. However, as we all know that all services are subject to constant changes, so I recommend you to check out with your bank or credit union if they apply any kind of fee on payment through Zelle. 

Also read: How to fix American Express login error?

How to use Zelle to transfer money?

So, the question is- How do I pay someone on Zelle? Be informed the procedure to send and receive money on Zelle is pretty simple. If you have already set up your Zelle payment app, you can follow the below mentioned steps:

• Open Zelle payment app on your phone.
• Tap the send money with Zelle icon.
• Now enter the amount that you want to send.
• Further, you will be required to find and select the person whom you want to transfer money.
• Pick up the person from your contact list. Also, you can use a phone number or email to send money on Zelle.
• Finally, to complete the transaction either scan your thumb or enter a PIN.

How do I receive money from Zelle?

You will be glad to know that if you are already a registered customer on Zelle, you will not have to do anything special to get paid on Zelle. Gladly, Zelle automatically processes the payment straight to the linked bank account within just a few minutes. On the other hand, if you are not a registered Zelle user then you will require to follow these steps:

• Tap the notification that says you have received money.
• The next step is to select your bank or credit union.
• Now right from here start following the onscreen instructions.
• Once you complete the process, Zelle will add money to your linked bank account.

Important Note: If you don't find your bank or credit union in the list, worry not. In this case, take a minute to download the Zelle app from Google Play Store or App Store. Further, follow the simple steps and set up your Zelle account.

Final Say

That's the end of today's lesson about how to use Zelle. After reading this helping post, I am sure, all your doubts must have cleared and you use Zelle with ease of mind. For more information and any kind of assistance, you can contact us. We have simple solutions to all kinds of problems.