If you’ve never used this service before, you might be wondering: How do I actually receive money through Zelle? We'll break ...

How does Zelle work? Zelle is a peer-to-peer transfer service that enables people to send and receive money via an app by using a phone number, username or email, explains Elizabeth Ayoola ...

Zelle does not directly charge fees for business and ... you’ll likely need to work with a payment processing company and potentially buy a credit card reader for in-person transactions.

If you send money using Zelle, it’s important to be aware of transfer limits. Here’s a look at the Zelle transfer limits among some of the largest banks.

If it does accept Zelle, each bank will still have limits ... which could create more admin work for you. Another noteworthy downside to Venmo is that it's impossible to cancel a Venmo payment.