• priapus@piefed.social
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    4 days ago

    most banks have zelle built into their own app. yeah zelle charges the bank a fee when you use it, but typically you aren’t paying any, unless you use a really shitty bank.

    • Don_alForno@feddit.org
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      3 days ago

      That is like the “25$ + 5$ shipping or 30$ no shipping?” meme. You are paying for it, they just don’t show it to you.

      • arrow74@lemmy.zip
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        3 days ago

        What are you talking about?

        I send someone $25 on zelle, $25 is deducted from my account, and that person receives $25.

        How am I paying a fee in that scenario?

        Yes I know how banks work so please don’t explain how they make money using my money.

        • Don_alForno@feddit.org
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          3 days ago

          How am I paying a fee in that scenario?

          The bank is “paying” the fee, but the fact that they are doing it and don’t charge it back to you proves that it is well within their margin from whatever money they get out of you (account fees etc). You are paying it.

          • arrow74@lemmy.zip
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            3 days ago

            Lmao, immediately explains how banks work. Also I pay no account fees btw.

            Keep everything under your mattress eh?