USE ZELLE - NOT PAYPAL?
Thread Starter
Rennlist Member
Joined: Oct 2009
Posts: 514
Likes: 9
From: Incline Village, NV & Phoenix, AZ
USE ZELLE - NOT PAYPAL?
I was just finalizing a payment and suggested that they use Zelle as an easy, quick, and direct method of sending or receiving money.
Basically, go to your bank site and see if they have set up Zelle. If the have, register a phone number or email address with the Zelle app on the bank's site. You're done. You can now transfer money to/from your bank account from/to another Zelle bank account holder. It all goes directly from account to account. No Muss No Fuss.
Can anyone else post in as to their experience using Zelle.
Basically, go to your bank site and see if they have set up Zelle. If the have, register a phone number or email address with the Zelle app on the bank's site. You're done. You can now transfer money to/from your bank account from/to another Zelle bank account holder. It all goes directly from account to account. No Muss No Fuss.
Can anyone else post in as to their experience using Zelle.
Last edited by Aspkiller; May 31, 2019 at 11:18 AM.
Drifting
Joined: May 2001
Posts: 2,150
Likes: 11
From: Taylors, S.C.
My issue with PayPal is that they are very un-friendly towards firearm/gun parts. You have to be very careful how you word any notes to prevent the transaction from being blocked. I use them because that's what everyone else uses. I'd rather not though. Thanks for mentioning Zelle.
Administrator
Joined: Aug 2001
Posts: 27,629
Likes: 3,126
From: Up Nort
I've used it too, but the few times I've had to go after someone for a transaction gone bad, PayPal backed me up and I was refunded. The worst scenario where the seller was really fighting back, I used Amex behind Paypal and they were actually working together with eBay to ensure I got my money back. That was impressive.
I'm not sure Zelle offers the same level of protection.
Between known entities like if I'm buying / selling from Sean - no worries. Random people on the internet I'll stick with Amex via PayPal.
I'm not sure Zelle offers the same level of protection.
Between known entities like if I'm buying / selling from Sean - no worries. Random people on the internet I'll stick with Amex via PayPal.
Thread Starter
Rennlist Member
Joined: Oct 2009
Posts: 514
Likes: 9
From: Incline Village, NV & Phoenix, AZ
So I guess you need to know who you're dealing with. I've sent items before receiving payment and sent payment before receiving items. But I knew the other guy, at least by reputation. If I ever get stung, I'll probably go back to PayPal and just pay their fees.
Drifting
Joined: Mar 2013
Posts: 3,475
Likes: 471
From: Earth
I've used it too, but the few times I've had to go after someone for a transaction gone bad, PayPal backed me up and I was refunded. The worst scenario where the seller was really fighting back, I used Amex behind Paypal and they were actually working together with eBay to ensure I got my money back. That was impressive.
I'm not sure Zelle offers the same level of protection.
Between known entities like if I'm buying / selling from Sean - no worries. Random people on the internet I'll stick with Amex via PayPal.
I'm not sure Zelle offers the same level of protection.
Between known entities like if I'm buying / selling from Sean - no worries. Random people on the internet I'll stick with Amex via PayPal.
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Burning Brakes
Joined: Jan 2019
Posts: 770
Likes: 106
From: Dallas
I'm familiar with Venmo...sounds like Zelle. One of my tenants asked to pay with the Venmo app, and after I set it up with my bank account his rent goes straight from his checking account to my Venmo account. I can transfer $ back and forth between Venmo and bank anytime. (I didn't pay for it, so I'm not sure how they make money. Also, I think Venmo is owned by Paypal.) I'm all for making it easier on anyone who owes me money on a timely basis!
Jason
Jason
Drifting
Joined: Oct 2010
Posts: 2,271
Likes: 633
From: Centerburg, OH
I use Zelle with people I know. PayPal for others. I bought a China knock off Magic Creeper thinking it was the “genuine “ item. When I received it it had no markings as Magic Creeper. Filed a dispute with PayPal. The seller never responded to the dispute and I was refunded in full and kept the fake Magic Creeper. BTW it doesn’t work like the genuine is advertised. Really don’t know if the real one would work as advertised. Anyone with experience either the genuine article?
Rennlist Member
Joined: Jun 2010
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From: The Poconos
I'm familiar with Venmo...sounds like Zelle. One of my tenants asked to pay with the Venmo app, and after I set it up with my bank account his rent goes straight from his checking account to my Venmo account. I can transfer $ back and forth between Venmo and bank anytime. (I didn't pay for it, so I'm not sure how they make money. Also, I think Venmo is owned by Paypal.) I'm all for making it easier on anyone who owes me money on a timely basis! Jason
That seems like a good road kit item.
Drifting
Joined: Dec 2014
Posts: 2,876
Likes: 557
Be careful, I believe a buyer can “undo” a transaction on Venmo after goods have already been traded. Craigslist scammers will use it to buy something and then take their money back. I don’t know if Venmo has fixed this or if Zelle is subject to the same flaw.
Thread Starter
Rennlist Member
Joined: Oct 2009
Posts: 514
Likes: 9
From: Incline Village, NV & Phoenix, AZ
Once the money is sent, consider it gone for good. So, know who you're dealing with and make sure you know their Zelle address and type it in correctly. As I understand the small print, if you send it to the wrong place or want a refund, it's totally up to the person receiving the money to give it back, all or part. The banks involved do no protect the sender or receiver.
Last edited by Aspkiller; May 30, 2019 at 01:24 PM.
Nordschleife Master
Joined: May 2012
Posts: 5,257
Likes: 446
From: Thousand Oaks California
I usually use paypal because everyone else does, at least since I was 15.
I only use other services if that is what the other person uses and I exclusively deal in cash when it comes to craigslist.
I have yet to get burned, usually issues come from miscommunication on any deal I have had and it always gets settled via email without chargebacks.
I only use other services if that is what the other person uses and I exclusively deal in cash when it comes to craigslist.
I have yet to get burned, usually issues come from miscommunication on any deal I have had and it always gets settled via email without chargebacks.