Can I use Zelle for business transactions?
Asked 6 months ago
Yes, Zelle is designed for peer-to-peer payments between individuals and is not intended for business transactions. It is primarily meant for personal use to send and receive money from family, friends, or acquaintances. Zelle's terms of service explicitly state that it should not be used for commercial purposes or for payments to businesses or business entities. Zelle's focus is on facilitating easy and convenient money transfers within personal networks. For business transactions, it is recommended to explore alternatives like merchant services and business banking solutions that offer specific features tailored to meet the needs of businesses, such as invoice generation, payment tracking, and integration with accounting software.
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