How does Zelle work? You can access Zelle using the Zelle app and connect your debit card to it. MORE: What you need to open a business bank account. When you are ready to initiate a payment on Zelle, ensure that you have the correct phone number or email address, so it ends up in the right hands. Zelle is generally considered a safe, secure way to send money because Zelle transactions dont require you to share any sensitive financial information. if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[250,250],'knowledgeeager_com-leader-4','ezslot_10',860,'0','0'])};__ez_fad_position('div-gpt-ad-knowledgeeager_com-leader-4-0');Yes. Please DO NOT trust Lili or Choice Bank with your money!!! You can use a different bank account as a middleman. I contacted the Federal Banking Commission who told me Lili should have given me 30 days, at min a 14 day notice that would have allowed me to download all my statement, records, and transactions. Additionally, Lili allows you to automatically set aside a predefined percentage of funds every time you get paid using the Tax Bucket feature. That's why we're working with banks and credit unions to make it fast, and and easy to send money to almost everyone you know, even if they bank somewhere different than you do. When evaluating offers, please review the financial institutions Terms and Conditions. The list of banks that have adopted Zelle keeps growing. It was the first launch mid-2017, and since then, its been growing exponentially. Great app for someone with a small business. Once you receive your card in the mail, youll need to activate it within the app before you can use it. App kept crashing so I could not sent my invoice payment options, It was a nice refreshing experience and I can't believe how easy it all is to love this app, I haven't gotten my money back from a dispute. You can also transfer money using other instant transfer options, such as Apple Pay, Venmo, PayPal, and Cash App. But the funds are usually only instantly available if you pay a fee. This is great news for people who want to get out of a bank that nickels and dimes them for every overdraft or week of inactivity. Easy access on app in very pleased with Lili. Fortunately, Zelle allows users to input an unlisted bank or credit union. For example, if you went to dinner with friends and want to pay one of them back for your meal, you can use Zelle to send your friend $50. CT: Mortgage Broker only, not a mortgage lender or mortgage correspondent lender. Lili also gives you the ability to add receipts to transactions, download annual and quarterly expense reports, and track spending insights in real time. Our partners cannot pay us to guarantee favorable reviews of their products or services. Zelle works similarly to popular mobile payment services such as PayPal, Venmo, and Cash App. Email: