I’ve heard for years these companies are horrible (musk ran paypal for a while right?) Are there any easy to use alternatives? Well besides CashApp, I’ve heard they aren’t great either. Just a reminder to anyone using venmo to change your default privacy settings from public to me only.
Zelle is trash!!
First, a few banks got together to make Zelle to compete with PP or Venmo. Here the issue, when you have a problem the bank pushes you to zelle support, but then zelle says it’s a bank issue and sends you there.
We started using Zelle more at work and ACH (vs check ot CC) but Zelle is often easier as more customers can have a Zelle setup vs ACH (at least for our business). Anyway, when we have an issue, it’s always a nightmare trying to get any help! Zelle is “from the banks” yet independent still. We, like many small businesses, started that bullshit 3%convenience fee surcharge bc they’re looking to cut expenses (and it was this at least vs employees).