It’s 2018 and if you’re still getting paid with Paypal or by check, you’re risking running behind the times. Toner Connect is proud to introduce our newest payment method, Zelle!
We wouldn’t want you to make a decision without more information or research so here’s a little more about Zelle.
What is Zelle?
It’s a new method of sending and receiving money by linking your bank account with your email address or phone number.
If you already use any sort of cash or quickpay app, you may already be familiar with Zelle.
How does it work?
First, visit Zelle’s website to check to see if your bank account is one of their partners (just about every major bank or credit union in the U.S. is a partner) and download your bank or credit union’s mobile app. Login and confirm your identity and register.
Why use Zelle when selling to Toner Connect?
Safety
Zelle uses your bank’s authentification and monitoring features.
Speed
Zelle payments can reach your bank account in minutes. You don’t have to wait to receive your mailed check in 2-3 few business days.
Scenario Example
Jenny ships out her toner order to us on Monday January 8th. We receive, inspect and mark the order as complete on Friday January 12th. Then Jenny’s check is mailed out on Friday January 12th but Jenny doesn’t receive her check in the mail until Tuesday January 16th.
If Jenny chose Zelle, however, as her payment method instead of check, she could have received her full payment within minutes of us completing the order on Friday January 12th!
No Fees
Unlike PayPal, your order will not have any fees deducted from it. You’ll get your full amount every time and never have to worry about going through holds and refunds on your PayPal account.
Scenario Example
Ben sells his toner (quoted at $100) to us on Wednesday November 10th and is paid the $96.80 ($100 original quote – Paypal fees of $0.30 plus 2.9 percent of $100).
Ben ships his toner on the same day and we receive it on Monday November 15th. Unfortunately Ben has less toner at his home than he originally submits on his form and doesn’t ship all his items. Ben’s order is adjust to $70 and Ben has to issue a refund of $30 which could take up to 2 business days to arrive in an account.
Conclusion
Zelle is not only the quickest way to receive your money after your order has been completed but also has no transaction fees.
If you have any questions about Zelle, visit their website or contact us
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