Zelle is changing up. Business owners need to know.

As many of you business owners know, Zelle has provided some much needed payment options for your businesses. Well, things may be changing.

Much is happening with Zelle, as you may or may not have seen in the news. Below is some of what we want to share with the business community. Get in touch if you are looking for a solid executive level consultant to work with your team on a project, or to look at your entire company.

Here Is What We Know

There is so much going on with Zelle, I encourage you to do some reading through a number of articles to get a sense. Here is a link for you to continue research on this topic.

A Bank Rep Told Me

Another interesting side note that a banker told me this week that I want to pass on to you. He stated "Zelle is working to change the process how money flows in bank to bank transactions. They are talking about limiting the amount per transfer, and holding the money for a longer period of time".

We are not into spreading rumors, however we do want you to be prepared in case something like this happens. It is going to affect our client's in a number of ways. One client uses Zelle to invoice direct for their work, so now they will have to consider breaking up the invoice or allowing longer process hold times if they keep that same money flow process.