Capital One is one of the founding banks of Zelle. In 2017 Capital One, with other big banks like Chase, Wells Fargo, Bank Of America, decided to make a universal payment processing system that allows customers to send money to each other by email or phone number. The transfer is free of charge.
How to use Zelle with Capital One?
All you have to do to start using Zelle is enroll using your phone number or email. Then other users will be able to send money from their banks. You don’t have to tell which bank you have, the only needed information is your phone or email. Alternatively you can generate a QR-code that other people can scan and send you money.
How to set up Zelle with 360 checking account?
Zelle is best used on the Capital One mobile app. When you try to make Zelle transfer and you haven’t enrolled yet, Capital One asks you to set it up. The process is pretty simple and intuitive. You select the phone or email, send the security code and finish the setup.
How to send money with Zelle Capital1?
Sending money with Zelle is pretty easy. First add new recipient in Capital One mobile app. To do this open Capital One mobile app and tap on “Send money with Zelle”. There tap on “Manage Recipients” and tap “Add a new recipient”. Then you can just tap “Send” button and enter the amount you want to send.
How to accept Zelle payment?
If you are already enrolled in Zelle with Capital One, then there is no need to do anything. On the other hand, if you enrolled Zelle with another bank, money will go to the other bank. Third option, if you haven’t enrolled, you’ll receive notification and have to enroll.
What are Zelle limits, Capital One?
Capital One has certain limits on Zelle transfers. You can send up to $2,500 per day and there are no incoming limits. Other people’s banks have their own sending limits.
How to cancel Zelle Payment?
If you send money and later change your mind, there are two options. If a person is enrolled in Zelle, then the money is gone. On the other hand, if a person is not enrolled, then payment will be in pending state till the person enrolls. During this time frame you can cancel the transaction.