Can I Send or Receive Zelle Payments with Holdings†?

If you’re a small or medium-sized business owner, you know how important it is to move money quickly, securely, and without getting hit by surprise fees. Maybe you’ve used Zelle for personal payments and wondered: Can I send or receive Zelle payments with Holdings? Or maybe you’re just tired of the limitations and headaches that come with traditional business banking.

Let’s clear things up: At this time, Holdings does not support sending or receiving Zelle payments. But don’t worry-this isn’t a drawback. In fact, it’s a sign that Holdings is built differently, with business owners like you in mind. While Zelle is popular for quick, peer-to-peer payments, it’s not designed for the unique needs of growing businesses. Holdings, on the other hand, offers a full suite of flexible, fee-free* ways to move money-plus integrated accounting, high-yield APY‡, and tools that actually help you run your business.

In this guide, we’ll break down everything you need to know about business payments with Holdings, including:

• Why Zelle isn’t the best fit for SMBs

• How Holdings makes sending and receiving payments easy (and fee-free)

• The best alternatives to Zelle for business owners

• How Holdings’ all-in-one platform saves you time and money

• How to keep your money safe with up to $3M in FDIC insurance

• Step-by-step walkthroughs for moving money

• Answers to your most common payment questions

Let’s dive in!

Why Holdings Doesn’t Offer Zelle-and Why That’s Good News for Your Business

First things first: Why can’t you send or receive Zelle payments with Holdings? The answer comes down to what Zelle is designed for-and what your business actually needs.

Zelle: Great for Friends, Not for Business

Zelle is a peer-to-peer payment platform built for consumers. It’s fantastic for splitting dinner bills, paying your dog walker, or sending birthday money to your niece. But when it comes to business payments, Zelle falls short in a few key areas:

• Low Transfer Limits: Zelle’s daily and monthly limits are typically much lower than what most businesses need, especially if you’re paying vendors, contractors, or employees.

• No Business-Focused Features: You won’t find integrated accounting, payment tracking, or detailed reporting-features that are essential for managing your business finances.

• Limited Record-Keeping: Zelle doesn’t provide the kind of transaction detail or audit trail you need for bookkeeping, tax prep, or compliance.

• Risk of Fraud: Zelle transactions are instant and irreversible, which can be risky for businesses that need payment protection or dispute resolution.

• Consumer-Only Restrictions: Many banks restrict Zelle usage for business accounts, or simply don’t offer it at all.

Holdings: Built for Business, Not Just for Payments

Holdings was created for business owners who want more than just a way to send money. We’re your financial sidekick, combining zero-fee business banking, high-yield APY (2.0%), integrated accounting, and full-service bookkeeping-all in one platform.

Instead of patching together Zelle, your bank, and a bunch of disconnected tools, Holdings gives you a complete financial operating system. That means you can move money, manage your books, and grow your business-all without the headaches, hidden fees, or low interest rates of traditional banks.

How to Send Payments with Holdings: Fast, Flexible, and Always Fee-Free

Let’s get practical. If you can’t use Zelle, how do you send payments with Holdings? The answer: quickly, securely, and without fees.

Holdings supports three main ways to send money:

• ACH Transfers: Perfect for paying vendors, contractors, or employees. ACH (Automated Clearing House) payments are reliable, trackable, and free with Holdings.

• Wire Transfers: Need to send a large payment or move money fast? Holdings offers free domestic wire transfers-something you’ll rarely find at traditional banks.

• Internal Transfers: Instantly move money between your Holdings accounts, or to other Holdings users-great for managing multiple business entities or locations.

Step-by-Step: Sending Payments with Holdings

Here’s how easy it is to send a payment from your Holdings account:

1. Go to Money Out

• Log in to your Holdings dashboard.

• Click on the Money Out section. This is your command center for all outgoing payments.

2. Select or Add a Payee

• Choose an existing payee from your list (vendors, contractors, partners-you name it).

• Need to pay someone new? Just add their details. Holdings makes it easy to save payees for future payments.

3. Choose Your Payment Method

• Select ACH, wire, or internal transfer.

• Enter the payment amount and any notes or memos you want to include.

4. Confirm and Move Money

• Review your payment details.

• Click Move Money to initiate the transfer.

That’s it! No fees, no waiting in line at the bank, and no confusing paperwork.

Want a step-by-step walkthrough? Check out our guide: How to Send Wires, ACH, and Internal Transfers with Holdings: A Fee-Free Guide.

How to Receive Payments with Holdings: Simple, Secure, and Seamless

Getting paid should be just as easy as paying others. With Holdings, you have multiple ways to receive payments into your business account:

• ACH Transfers: Give your clients or partners your Holdings account and routing number, and they can send payments directly to you.

• Wire Transfers: Receive large or urgent payments quickly and securely.

• Check Deposits: Need to deposit a paper check? No problem-just use mobile check deposit in the Holdings software and your mobile phone.

Step-by-Step: Receiving Payments with Holdings

1. Share Your Account Details

• Find your business account and routing numbers in your Holdings dashboard.

• Provide these to your clients, customers, or partners.

2. Receive Funds

• Incoming ACH and wire transfers are processed quickly and securely.

• You’ll get notifications when money lands in your account-no need to keep checking your balance.

3. Deposit Checks (If Needed)

• Use the Holdings mobile app to snap a photo and deposit checks without a trip to the bank.

For a full overview, see our guide: Bank Transfers Explained: A Guide to Secure and Efficient Payments.

Why Holdings Is the Best Zelle Alternative for Business Owners

Let’s be honest: Zelle is convenient for quick, personal payments, but it just wasn’t built for business. Holdings, on the other hand, is designed from the ground up for SMBs who need:

• Higher transfer limits (no more splitting payments or worrying about daily caps)

• Integrated accounting (so every payment is automatically tracked and categorized)

• No hidden fees (move money as often as you need-free ACH, free wires, free internal transfers)

• Detailed payment records (perfect for bookkeeping, audits, and tax prep)

• A single platform for banking, accounting, and bookkeeping (so you spend less time juggling tools and more time growing your business)

Here’s how Holdings stacks up against Zelle and traditional banks:

Holdings: The Complete Financial Operating System for SMBs

Holdings isn’t just another business bank account. We’re your all-in-one financial hub, designed to make your money work harder-so you don’t have to.

Banking That Pays You Back

• No fees, no minimums, just rewards for your hard work.

• Earn up to 2.0% APY on your business balances-while traditional banks offer… well, basically nothing.

• Move money as often as you need, without worrying about hidden charges.

All-In-One Financial Hub

• Banking, accounting, and bookkeeping-all in one place.

• No more juggling spreadsheets, apps, or logins.

• Integrated tools mean you spend less time reconciling accounts and more time growing your business.

Growth Partner

• Financial tools that scale with your business.

• Whether you’re just starting out or managing multiple locations, Holdings grows with you.

• Upgrade to full-service bookkeeping or advanced accounting as your needs evolve.

Peace of Mind

• Up to $3M FDIC insurance-that’s 12x the standard coverage at most banks.

• Dedicated financial support from real humans who understand your business.

• Advanced security and internal controls to keep your money safe.

How Holdings Keeps Your Money Safe and Accessible

We know peace of mind is priceless-especially when it comes to your business’s cash. That’s why Holdings goes above and beyond standard bank insurance.

Up to $3M FDIC Insurance

• Your funds are held by i3 Bank, Members FDIC.

• Through our sweep program, your deposits are eligible for up to $3 million in FDIC insurance-far more than the typical $250,000 limit.

• Learn more: How Holdings Offers $3M FDIC Insurance: 2025 Update

Advanced Internal Controls

• Multi-user permissions, approval workflows, and audit trails help you prevent fraud and errors.

• Need to separate duties or restrict access? Holdings makes it easy to implement best-practice internal controls.

Real-World Examples: How SMBs Save Time and Money with Holdings

Let’s bring it all together with some real-life scenarios:

Example 1: Paying Contractors Without Zelle

Sarah runs a creative agency and pays a dozen freelance designers every month. With Holdings, she sets up each contractor as a payee, schedules ACH payments in bulk, and syncs every transaction with her accounting-no more Venmo, Zelle, or lost invoices. She saves hours each month and never pays a fee.

Example 2: Receiving Client Payments Faster

Mike owns a consulting firm. He sends his Holdings account details to clients, who pay him via ACH. Payments hit his account quickly, and Holdings automatically categorizes the income. No more chasing checks or waiting for slow bank transfers.

Example 3: Managing Multiple Business Entities

Lisa manages three LLCs. With Holdings, she creates separate accounts for each business, moves money instantly between them, and gets a consolidated view of her cash flow. No more logging into multiple banks or paying wire fees.

Frequently Asked Questions About Zelle and Holdings

Can I send Zelle payments from my Holdings account? No, Holdings does not support Zelle payments. But you can send unlimited free ACH and wire transfers-perfect for business needs.

Can I receive Zelle payments into my Holdings account? No, Zelle payments cannot be received into your Holdings account. Instead, ask clients to pay you via ACH, wire, or check deposit.

What’s the best way to move money with Holdings? ACH transfers are great for most business payments. For urgent or high-value transactions, use free domestic wire transfers. For internal needs, use instant internal transfers.

Is there a fee for sending or receiving payments? Nope! Holdings offers truly fee-free banking. Move money as often as you need, without worrying about charges.

Still Have Questions? We’re Here to Help

We know every business is unique, and you might have questions about the best way to move money for your specific needs. Our support team is just a click away-reach out anytime for fast, friendly assistance.

About Holdings

Holdings is a modern financial platform for SMBs, combining zero-fee banking with high-yield APY (2.0%), integrated accounting ($20/month), and full-service bookkeeping (from $200/month). We’re not just another bank-we’re your financial sidekick, helping you earn more while simplifying operations.

Banking services provided by i3 Bank, Member FDIC. Funds deposited in your Holdings account are eligible for up to $3M in FDIC insurance through our sweep program.

The Bottom Line

While you can’t send or receive Zelle payments with Holdings, you get something much better: a complete, fee-free business banking platform that helps your money work harder. With Holdings, you can move money quickly, securely, and without fees-plus manage your accounting, bookkeeping, and more, all in one place.

Your business hustle deserves banking that works just as hard. That’s why Holdings offers up to 2.0% APY, zero fees, and integrated tools that save you time and money. Say goodbye to banking headaches and hello to your new financial sidekick.

Ready to experience business banking that pays you back? Open your Holdings account today.

Helpful Resources to Get the Most from Holdings

Want to learn more about how Holdings can simplify and supercharge your business finances? Check out these essential guides, tools, and insights designed specifically for SMB owners like you:

• Getting Started with Holdings
  How to Fund Your Holdings Account: Step-by-Step Guide
  How to Invite Team Members and Manage Roles
  Understanding Roles and Permissions in Holdings

• Banking Features & Fee Transparency
  Business Banking Fees Explained: How Holdings Keeps It Simple
  Free Domestic Wire Transfers: Fast, Secure, and Cost-Effective Payments
  How to Send Wires, ACH, and Internal Transfers with Holdings

• Accounting & Bookkeeping Integration
  How to Connect Your Holdings Account to Accounting Platforms (QuickBooks, Plaid, Yodlee)
  Implementing Internal Controls in Holdings
  How to Create and Manage Multiple Holdings Accounts for Better Financial Organization

• Industry-Specific Solutions
  Banking and Bookkeeping for Agencies
  Dental Practice Financial Solutions
  Nonprofit Financial Management
  Ecommerce Business Banking

• Business Growth & Insights
  Holdings Blog: Tips, Trends, and SMB Success Stories
  Comparisons: How Holdings Stacks Up Against Other Business Banks
  Customer Success Story: How Pest IQ Uses Holdings to Fuel Growth

• Support & Contact
  Contact Holdings Support
  Holdings About Us
  Holdings Pricing