That’s especially key if you’re sending or receiving money with someone you don’t fully trust. If your friend has a Chase account or a bank account that works with Zelle and supports real-time payments, then they’ll receive the money within a few minutes. Bank, Bank of America, Wells Fargo, and Citi, as well as many regional banks, work directly with Zelle.
Many large banks, such as Capital One, U.S. You can send or receive money from your Chase checking account or from a Chase Liquid card to anyone with a participating bank account. Here’s the best part, you can send them money whether they have a Chase bank account or not. You’ll receive a confirmation with a satisfying green check. Choose a recipient from your contact list (or enter a new one).Click on Chase QuickPay with Zelle in the navigation menu.Simply go into your Chase mobile app and follow these steps:
Let’s say your friend buys you lunch and you want to pay them back. They make it easy by syncing up the contacts in your phone, so you don’t have to type in someone’s whole number or get their email address to send them money. You don’t have to pay to use it, and they don’t take a cut of the funds. Funds are going directly from your Chase checking account into the recipient’s bank account and vice versa.Īlso, Chase QuickPay is free. With Chase QuickPay, you cut out the middleman. If you’re doing business with someone, you don’t want to wait around an entire day before you get your money. With PayPal, you have to pay a fee for the money to show up right away otherwise, it arrives in your checking account the next business day.
The main thing that sets QuickPay apart is the money transfers within a few minutes as long as their bank participates in real-time payments. You just quickly and safely send and receive money.īut that’s just personal preference. Why Should You Use Chase QuickPay?įor one, the user interface is more streamlined than Paypal, and it’s not trying to be a new social media account like Venmo. And that is where the "temporary" probably comes in as in them trying to get that system to properly work with Chase accounts.If you are a Chase customer but haven’t downloaded the Chase mobile app, it’s probably time to start asking yourself some tough questions. I wouldn't touch that system with 100-foot pole because of how unreliable it is, but it is what Quicken Inc is pushing. That then brings up the question of whether the Quicken Bill Pay system will work for various bills when using Chase accounts. So, that is definitely going away, permanently. Is this permanent or temporary? Previously they said it was temporary.Ĭhase is dropping Direct Connect and going to Express Web Connect + at the end of September.Īnd I can't find it at the moment, but Kathryn also mentioned in one post that the target date for all of this to be done is the end of September.īy definition, to have bill pay through Quicken directly to the financial institution's bill pay you have to have Direct Connect. I think this is all very confusing and Quicken Support should provide some clarity.