Sending payments from a business to a consumer should be fast, safe and easy for everyone involved. Ditch the check and uncover the potential of token-based, digital disbursements.
HOW IT WORKS
Customer Opts in To Receive Payments
Consumer opts in to receive payments through Zelle® and provides their token - an email address or U.S. mobile number - to the disbursing business.
Company Initiates Payment
The business initiates a payment using the provided token, which delivers a message to the Zelle Network®. Communications between the sending and receiving financial institutions are handled through the Network.
Customer Receives Payment
If enrolled, the customer will receive a notification from the FI or Zelle® and the payment will be deposited in their account within minutes.*
COMPANY PRODUCT BENEFITS
Disbursements with Zelle® can help your company:
Improve the customer experience.
Generate additional revenue opportunities.
Decrease losses associated with fraud and theft.
Decrease check management expenses.
Gain a competitive advantage with an innovative offering.
Couple Disbursements with Zelle® with additional Early Warning solutions to enable fast, safe and easy payments. Our Risk Services provide effective mobile device verification and authentication to reduce fraud and enhance customer experiences in the payments process.
In recent years, we’ve seen fraud and scams become more sophisticated, but so have the countermeasures - making a dynamic landscape for financial institutions (FIs) to navigate. FIs are ramping up their anti-fraud measures while
Digital payments options are starting to play an increasingly important role in where consumers and small businesses decide to do their banking. According to Cornerstone’s research, “among consumers with a checking account, six in
Watch and learn how your financial institution can benefit from the value of Zelle®. Thousands of financial institutions are already signed up to offer Zelle® to their customers and many are experiencing cost savings, higher app engagement, and increased customer retention.