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OfflineLogicaL ChaosM
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Zelle?
    #25159588 - 04/23/18 10:04 AM (5 years, 9 months ago)

My bank now has the option of sending money via "Zelle". Anyone ever use this before?

Is it a cryptocurrency? What is it?

https://www.zellepay.com/


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InvisibleAhab McBathsalts
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Re: Zelle? [Re: LogicaL Chaos] * 1
    #25159922 - 04/23/18 01:12 PM (5 years, 9 months ago)

Looks like someone took 10 years to copy paypal and email transfers.


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OfflineViolet Wizard
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Re: Zelle? [Re: LogicaL Chaos] * 1
    #25160108 - 04/23/18 02:39 PM (5 years, 9 months ago)

Seems like a bank service to transfer money between different institutions.

So like you have bank A and i have bank B. This app allows you to transfer me 20 dollars even though we dont have linked accounts though a means that is not a wire transfer or a TT.

I dont know much about bank transfers just what i over hear at work. This seems like a "wire transfer" for individuals that probably has low fees. My bank offers it so its not "cryptocurrency" just electronic transfer.


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OfflineLogicaL ChaosM
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Re: Zelle? [Re: Violet Wizard]
    #25160185 - 04/23/18 03:13 PM (5 years, 9 months ago)

Ah I see.

It only took 10 years! Ha.


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OnlinegeokillsA
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Re: Zelle? [Re: LogicaL Chaos] * 1
    #25162669 - 04/24/18 03:39 PM (5 years, 9 months ago)

As noted, Zelle is a consortium of major bank's attempt to compete in the peer-to-peer payment industry.  It's legit and works fine.


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OfflineLogicaL ChaosM
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Re: Zelle? [Re: geokills]
    #25162702 - 04/24/18 03:58 PM (5 years, 9 months ago)

I see. Interesting. Good to know.


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InvisibleStonehenge
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Re: Zelle? [Re: LogicaL Chaos]
    #25169473 - 04/27/18 03:00 PM (5 years, 9 months ago)

It can be reversed though so don't count on it if its someone you don't know paying a substantial amount for something you are selling.


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