Invoice Payments - Collect invoice Payments via Zelle
Allow invoices to be paid VIA Zelle. Some business bank accounts hook directly to zelle, they don't have any fees like stripe, etc. I prefer to get paid VIA Zelle so I can keep more of the money I earned.
Katrina Boliver-Corn
shared this idea
Hi everyone, while we don't have a direct integration with Zelle as a payment service, you could look to setting this up as a custom URL. We have some information on this here.
One important thing to note is that when an invoice is paid via a custom URL, you need to manually apply a payment to the invoice, or reconcile the statement line when it shows in your bank account.
While we are continuing to track the interest around a integration with Zelle as a payment service here, we want to be open that we don't have any plans for this at this time.
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Magdalena Rood
commented
We take Zelle payments, also Venmo payments, and it would be fantastic if we could streamline these payments directly through Xero.
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Catalina Chew
commented
Hi, how far along is Xero with testing Zelle, Venmo, and direct ACH deposit into the bank account without having to flow through a third party application like Stripe or GoCardless. The fees that the third party companies charge are not cost efficient for small businesses.
Thank you,
Catalina, Accounting Brew -
Doug Leister
commented
Imporyant for me too
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Dave Monheit
commented
Hello Kelly. I would be very excited to make myself and my company available for client testing on this idea. We multiple incoming and outgoing zelles a day, all with different clients, giving you a good sized sandbox to gather data.
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Dave Monheit
commented
A Zelle integration would be amazing. There are Zelle limits for personal accounts though. If an invoice can generate a Zelle QR and/or link specifically tied to it and then let people send multiple zelles, that would not only be a fantastic integration but work around their limits. I would say 75% of my business's incoming funds are through Zelle.