Zelle is a United States–based digital payments network run by a private financial services company owned by the banks Bank of America, Truist, Capital One, JPMorgan Chase, PNC Bank, U.S. Bank, and Wells Fargo.
Zelle transactions provide a fast and secure way to send and receive money directly between bank accounts in the U.S. Here's a step-by-step breakdown of a typical Zelle transaction:
1. Enrollment with Zelle: Users must enroll with Zelle through their bank's mobile app or the Zelle app. This involves linking a bank account and an email address or U.S. mobile phone number.
2. Initiating a Transaction: The sender starts a transaction by selecting Zelle within their banking app or the Zelle app, entering the recipient's email address or U.S. mobile phone number.
3. Entering the Amount: The sender enters the amount they wish to send. Transactions typically occur in U.S. dollars.
4. Transaction Authorization: The sender reviews the transaction details and authorizes the transfer. The funds are debited from the sender's account.
5. Instant Transfer: Zelle transfers funds instantly between enrolled users. If the recipient is not yet enrolled, they will receive a notification to enroll in Zelle to complete the transaction.
6. Funds Availability: Upon successful transaction, funds are available in the recipient's account typically within minutes if they are already enrolled with Zelle.
7. Transaction Confirmation: Both the sender and the recipient receive a notification confirming the completion of the transaction.
8. No Fees: Zelle does not charge a fee for sending or receiving money, making it an affordable option for peer-to-peer payments.
Zelle ranks 14th for all accepted payment methods on https://merchants.to/
Zelle ranks 7th for accepted non crypto currency payment methods on https://merchants.to/
Zelle is incredibly user friendly.
Zelle is becoming increasingly more popular.
Most banks in North America include it by default with their banking app or website.
Zelle can only be used by customers who use banks associated with Zelle which are primarly located in North America.
If you don't wish to provide ID verification, zelle is likely not the payment method you should be using, due to high charge back volume, many merchants will require some form of KYC before selling you the gold.
Buying OSRS Gold with Zelle is a very simple process on Merchants.to.
Follow these steps to find a merchant to whom accepts zelle as payment for OSRS Gold.
1. Navigate to https://merchants.to/currency/buy-osrs-gold
2. Click the "Filter payment methods." dropdown
3. Select "Zelle"
4. Only merchants that accept zelle will now be displayed. Simply find the merchant you wish to purchase from and visit their site to finalize the transaction!