[masraum]

Originally Posted by group911@aol.co

I think Zelle is basically an ACH or wire transfer. Sounds like you are dealing with the same vendors monthly so setting them up with Zelle would be easy and once they're in your system, it would be hard to mistype a recipient and lose your money. Very easy to track and verify who and where it went to.
I use it for everything I can.
I also use monthly bill pay through my credit union and it's shocking how many vendors they still pay with a written check.

Agreed, if it's the same vendors over and over again, that's a no brainer.

And any time I add a new transfer destination via Zelle, I first transfer $1, ask for confirmation that it was received, then transfer the remainder.

I'm sure that "you" are probably the product with Zelle. I suspect at this point, it's "we want to be the VHS of this thing, not Betamax", so everything is free. Once they are the major player, then they'll start adding new services that they charge for (or start charging for existing services). Like you say, eventually there's gotta be a way for them to make money.