Zelle or Cashapp?

[dieselrealtor]

I ditched paypal & venmo a few months ago after their "mistake" & don't plan to go back.

I have never used a different form of epayment, my banks are not listed on Zelle's website.

Any recommendations on these or another option?

thanks in advance

 

[Ingomike]

I ditched paypal & venmo a few months ago after their "mistake" & don't plan to go back.

I have never used a different form of epayment, my banks are not listed on Zelle's website.

Any recommendations on these or another option?

thanks in advance

Small local banks? Zelle was created by the big banks to keep the money in house rather than outsiders like PayPal and Venmo. I like Zelle for the few I have done…

 

[dieselrealtor]

Yes, small local banks. I avoid if possible the large national banks.

 

[Ingomike]

Yes, small local banks. I avoid if possible the large national banks.

I do too, but find it helpful to have an account at a big bank for these types of services...

 

[OneBadV8]

I've used all of them. Cashapp is simple to set up, more people use Zelle probably though.

Cash app is the same company as Square, just FYI.

 

[xwing]

I like Zelle. Convenient, secure, and free (if your bank participates).

 

[Creedmoor]

Almost 20 years of Paypal, never a problem.
I never deviate from F & F with those I know,
Goods and Services with those I don't know.

 

[dieselrealtor]

What I have learned, Zelle will work with debit cards for sending & receiving with no fees.

I asked my bank if they would charge for these credits & debits, they said no. I will give it a shot.

 

[BehindBlueI's]

I don't know what you're using it for, but keep in mind but your protection using Zelle is extremely extremely limited for commercial transactions and fraud.

 

[djay7677]

I don't know what you're using it for, but keep in mind but your protection using Zelle is extremely extremely limited for commercial transactions and fraud.

Agreed... lots of benefits if you're the one receiving funds in the fact that you won't worry about chargebacks etc but when if you're the one sending... once it's gone, it's gone.

 

[D K]

Lots of scammers on Marketplace that claim to only take Zelle or Venmo, so don't get one or the other without educating yourself on the scammers' process.

Venmo seemed to be a monumental PITA when I tried to set up an account last summer, I finally gave up on setting it up. I keep a separate "play" account in a credit union for such transactions, keeping the mother lode completely isolated from any of these e-payment options that I use. Even my credit union has an electronic bill pay option (not via Zelle), but it's a function of them mailing a check to the recipient upon my request.