Chelsea Groton Bank’s small business customers can now access Zelle®, a fast, easy, and secure way to send and receive money through the Bank’s online and mobile banking platforms. The best part? It’s the fastest way to get paid by your customers!
Why Zelle® for Your Business?
Zelle® makes it simple to move money quickly and securely, which is critical for small businesses that need to keep cash flow moving:
Fast: Payments typically arrive within minutes between enrolled users,* helping you pay vendors or receive customer payments without delays.
Easy: All you need is your customer’s or vendor’s trusted email address or U.S. mobile number. Both sender and recipient must first enroll with Zelle® using either a phone number or email address before trying to send money.*
Secure: Funds go directly from your business account to theirs, reducing risk and ensuring safe delivery when funds are sent to trusted contacts.
Whether you’re paying suppliers or collecting payments from clients, Zelle® helps keep your business running smoothly.
A Reminder to Keep Your Business Safe
While Zelle® provides a secure way to send and receive money, it’s important for business owners and employees to stay vigilant:
- Send only to trusted contacts: Zelle® is designed for payments to vendors, clients, and business partners you know personally. Treat Zelle® like cash. Once money is sent, it cannot be canceled. If you’re ever unsure about a request, verify it by contacting the person through a trusted phone number before proceeding.
- Verify details before sending: Double-check the recipient’s name, mobile number, or email to ensure accuracy and avoid costly mistakes.
- Be alert for scams: Never use Zelle® for transactions with unknown buyers or sellers, especially from online marketplaces. Chelsea Groton will never ask you to send money through Zelle® to resolve fraud or verify your account.
*Note: A U.S. checking or savings account is required to use Zelle®. Transactions between enrolled parties typically occur in minutes.
