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The Complete Guide To Using Zelle For Business

Zelle is a money transfer service meant to compete with Venmo and PayPal. Now businesses can use Zelle to make and receive payments. Our guide tells you how.

    Frank Kehl
  • UPDATED

Advertiser Disclosure: Our unbiased reviews and content are supported in part by affiliate partnerships, and we adhere to strict guidelines to preserve editorial integrity.
Frank Kehl

Frank Kehl

Expert Analyst & Reviewer at Merchant Maverick
Frank Kehl has been researching and analyzing merchant services, payment gateways, and international money transfer services since 2015. He has a Bachelor of Science degree from Penn State and a Juris Doctorate from the Ventura College of Law.
Frank Kehl
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10 Comments

Responses are not provided or commissioned by the vendor or bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the vendor or bank advertiser. It is not the vendor or bank advertiser's responsibility to ensure all posts and/or questions are answered.

    Anon

    Need to know which, if any, FREE online scheduling/appointment apps integrate with Zelle for PAYMENT. Most accept Pay Pal, Stripe or Square but I can’t find out if any integrate seamlessly with Zelle. Thanks !

      This comment refers to an earlier version of this post and may be outdated.

      Jessica Dinsmore

      Hi Anon,

      Thank you for your question, but we actually aren’t aware of any scheduling platforms that specify an integration with Zelle yet either. Your best bet would probably be to contact Zelle directly and ask them. Best of luck!

        This comment refers to an earlier version of this post and may be outdated.

        ANTONETTE PATRICE RUSSELL

        PNC Bank does not offer business zelle. I just literally came from there and ask them when are they getting it and banker advised me in the next few months they will roll it out.

        WellsFargo use to buy not right now, they said they are making some changes so, by the end of the year. Went there a couple 9f weeks ago to open a not for profit account and decided against since do not offer zelle for business yet.

        Both PNC and WellsFargo offer zelle for personal accounts though.

          This comment refers to an earlier version of this post and may be outdated.

          Phil Giorgianni

          There’s a website for a company called banxate that purports to offer a zelle gateway for payments online but it appears to be defunct. Disappointing I thought I was about to be liberated from processor bullshit.

            This comment refers to an earlier version of this post and may be outdated.

            Tim

            USBank has never charged me for receiving or sending by Zelle. In the article it states that they do.

              This comment refers to an earlier version of this post and may be outdated.

              Jessica Dinsmore

              Hi Tim,
              Sounds like you’ve been getting a good deal! This is what US Bank’s website says about Zelle fees on business accounts:

              Are there any fees to use Zelle with an eligible business account at U.S. Bank?
              Yes, there is a fee to receive money to a business account at U.S. Bank. The fee is 2.50% of transaction amount with a $15 maximum fee or a $0.25 minimum fee. There is no fee to send money with Zelle and no fee to request money with Zelle at U.S. Bank. However, there is a fee for the business account to receive money.

                This comment refers to an earlier version of this post and may be outdated.

                Yvonne Grayson

                Two banks have informed me that they have implemented new rules governing HOW their businesses customers can use Zelle. For Wells Fargo, I was informed on 10/28 @8 am Eastern that “business accounts CAN ONLY receive Zelle funds from a Wells Fargo account – NOT from any other bank or financial institution”. For Bank of America, I was simply told that Zelle is not available to Business customers.

                Does anyone know if these changes or rules are the result of banking regulations OR if optional choices by the banks.

                  This comment refers to an earlier version of this post and may be outdated.

                  Jessica Dinsmore

                  Hi Yvonne,

                  The Wells Fargo limitation is very likely an optional choice by the bank because we haven’t heard of any banking regulations that might apply. According to its website, Zelle continues to be available to Bank of America business customers. But take note of the small print at the bottom on restrictions.

                    This comment refers to an earlier version of this post and may be outdated.

                    Tamara

                    Here’s something to think about for business use: Even though they say it’s “for business,” the bank (I’m looking at YOU, US BANK!) might restrict the Zelle capabilities to the named account holder only (the business owner). This means that you can’t delegate the bill paying to, let’s say, YOUR BOOKKEEPER, who pays all the rest of the bills by other methods. Even being an authorized signer on the account is not enough.
                    So sure, if the business owner wants to take on yet another responsibility that their employees ought to be doing, they could consider using this; otherwise, it’s of no use.

                      This comment refers to an earlier version of this post and may be outdated.

                      Rodney Warwick

                      I’m a criminal investigator currently working a fraud case. The victim is a elderly gentleman that has been defrauded by someone using the Zellepay App. I have reached out to Zellepay’s legal department a number of times and received no response. The victim was partially reimbursed by his bank, BB&T however, their fraud unit has also reached out to me as they to perceive themselves to be a victim as well. Funny to after reading this article learn that they have ownership interest in Zellepay. Bottom line is their legal department should be available to assist victims of fraud…..

                        This comment refers to an earlier version of this post and may be outdated.

                      Comments are closed.

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