Manufactured Spending - zelle with visa prepaid debit? free? - Hey I need to make a 3k payment. I can make it with either Zelle or chase quick pay (same thing?). I have over 3k in visa debit cards ($200 each) from the recent staples sale... any way to do this with no fee?
Zelle is a fucking pain because if you had email or phone transfers based on email address or phone number with your bank and your bank now has zelle, chances are they have auto enrolled you into zelle with your account there.If you enroll in recurring transfers to your bank account, funds will typically post to your bank account within 1-2 business days after the EDD deposits the funds to your Digital Card. Once you activate the digital card online and create a username and password, you will see your digital card number, expiration date, 3 digit security code, and ... Zelle, the popular payment app backed by the big banks, has become such a security risk that only people with money to lose should use it.
If you want to accept credit/debit cards to make it easier for tenants, then set up a merchant account. Otherwise deposited checks are great. Zelle can work but you need to put something in place to make sure the flow of cash is recorded with your banking institution. It's almost like taking cash from a tenant. With Zelle, you can send money from your account to someone else’s within minutes 2. It’s a great way to pay friends, family, your coworkers and almost anyone else you trust 1 , but it shouldn’t be used to pay strangers. A cybercriminal with access to a victim’s bank account initiates a Zelle transfer to the mule’s account. The mule then withdraws the funds at a bank branch or ATM, taking a certain percentage as compensation. The mule exchanges the remaining amount to Bitcoin, usually at a Bitcoin ATM, and sends the Bitcoin to the mule operator.