How I use zelle

One more essay. 

Zelle is a fast and easy way to send or receive money. It is a peer to peer network that bypasses conventional ways for money transfer and does not require a bank account number. It only requires a email or cell phone number. The email or cell phone identifies the unique financial institution that sends or receives the money and the financial institution involved itself is hidden.  

Zelle is offered by over 1,000 financial institutions in the United States.

  • Major Banks and Credit Unions
    • Many large banks, such as Bank of America, Chase, and Wells Fargo, provide Zelle services. All my banks offer it. 
    • Numerous credit unions also participate in the Zelle network.
  • Availability
    • Users can access Zelle through their bank's mobile app or website if their financial institution supports it.
    • Some banks may require users to enroll in Zelle to use the service.
  • Limitations
    • Not all banks offer Zelle, so it's essential to check with your specific institution for availability.
    • Zelle is primarily designed for domestic transfers and may not support international transactions.
I use Zelle only for very small money transfers between me and friends and relatives in the US. A buyer of merchandise may pay using Zelle (small sums) but for this I would suggest getting a QR code from Zelle from your financial institution receiving the money and send or show that to the buyer to pay. The buyer would scan the QR Code and pay. 

Comments

Post a Comment

Popular posts from this blog

The cost of health care for seniors in Oahu

This essay is about the cost of healthcare for seniors. The core backbone of it is Medicare (unless you are a government employee). The earlier sections apply to everyone in the US. The last 10 sections have quite a bit of Hawaii or Oahu specific content.  I don't cover this here, but when planning, it is important to carefully read and know when you are eligible for the various Medicare or supplemental parts, when enrollment can be deferred without penalties, and what the penalties are for late enrollment.  Medicare is ONLY a secondary payer/payer of last resorts for injury due to auto accidents. The car insurance is the primary for this. Hawaii is a no fault mandatory PIP state (personal injury protection) which is the key option that applies in the auto insurance.   Here are the key sections.  Medicare part A & B Insurance Original Medicare Part A and B are a great deal for seniors and is government run. Without it, seniors would be loaded down with huge ...
Read more

A retirement activity: My daily regimen of Diet and Exercise

I am the cook in the house these days. I really dislike cooking, and I minimize my time doing it. But eating healthily is vital and you do want reasonably tasty food!!  Almost all my cooking is instant pot cooking. It is easy, convenient, fast, but still nutritious and tasty. I have lots of instant pot recipe books. I draw from that and adapt to make the preparation to be even more nutritious and tasty. Adaptations include adding lots of veggies or making it tastier by selecting the spices to use. For taste, I rely a lot on eastern spices. The key to releasing its flavors is blooming them. Not too concerned about the texture of the food or its looks, or striving for a lot of variety. I don't cook every day. We just decided we will keep cooked food in the fridge for a maximum of 4 days. I frequent Whole Foods, Down to Earth, Costco, Foodland, and less frequently, Safeway and Target for food shopping. I am shifting over to buying organic wherever possible and elim...
Read more

Future essays

I have written what I wanted to write about my retirement here in Hawaii, about Hawaii, and about seniors.  I will write additional essays in the future on retired life in Hawaii if: I feel a strong desire to do it The local people I talk to really want it.  Discussion with my wife to put aside the time to write it.  It is very unlikely any new essays will be written though unless it is a vacation/travel essay. For now this blogsite is dormant.  Total number of essays = 18.  A frozen separate blogsite jaykasi.blogspot.com  with 200 essays covers a wide variety of topics that include politics, economics, government, finance, international, India, Hawaii, history, travel, spirituality, ethics, science, technology, career and personal experiences. 
Read more