Anonymous payment methods is a trending topic in the financial industry, and given the availability of numerous money transfer apps, people usually wonder how to send money anonymously through Zelle.
It is fascinating to see how money transfer apps like Zelle have revolutionized the financial ecosystem by making it easy to safely transfer funds between banks.
Zelle is a P2P payment service that allows users to send and receive money safely and conveniently between their bank accounts.
Going to a bank branch is no longer an option for transferring money thanks to Zelle; — you can send money online through Zelle within minutes.
The best is, getting started with Zelle is very easy; — all you need to do to start sending money is to download the Zelle app and sign up for an account, then provide your funding source which can be a U.S. bank account or a debit card.
However, most users wonder how to send money anonymously through Zelle. If you're one of them, keep reading.
That being said, in this article, I'll tell you whether its possible to send money anonymously through Zelle and at the same time, showing you other ways to send money anonymously online.
Table of Contents
Can You Anonymously Send Money Through Zelle?
Zelle lets users transfer money between banks and because of this, Zelle is not an anonymous payment.
That said, you cannot send money anonymously on Zelle as money transfers between banks isn't as anonymous as many might think.
Your name, email address, phone number and sometimes, your bank account number are the details that are shared with the receiver whenever you send money from a bank account.
Though Zelle keeps a majority of these details as private as possible, they can be disclosed if the need arises (in case of fraudulent transactions).
Moreover, unlike other money transfer apps such as Cash App that let you store funds in a digital wallet and transfer funds anonymously, Zelle, however, does have a digital wallet since the funds are directly transferred between banks.
With that in mind, you can send money anonymously on Cash App, but you cannot send money anonymously on Zelle.
That's because you can create a Cash App account with a fake name, fake username, and other details, then use a virtual bank account or any other bank account to fund your Cash App balance and start sending money anonymously.
Also Read: Can I Send Money To Myself With Zelle?
How To Send Money Anonymously On Zelle
Since Zelle's money transfers are directly through banks, the only way you have to send money anonymously through Zelle is to open an account with random details and use a virtual bank account that does not demand much information for you to open an account with them.
If the bank is not in Zelle network, consider linking the bank account to Zelle through debit card.
Once you link the account to Zelle, you should be able to send money anonymously on Zelle.
However, keep in mind that Zelle would not accept most virtual banks, so this might not be a perfect fit for everyone.
I'll recommend you to use any of the anonymous payment methods below to send money anonymously.
Also Read: Can I Use Zelle Without A Bank Account?
Alternative Ways to Send Money Anonymously on Zelle
If you weren't able to send money anonymously through Zelle with the method provided above, then I'll recommend you to use any of the alternative methods below.
1. Use Untraceable Money Transfer Apps
Many untraceable money transfer apps such as Cash App, PayPal let you send money anonymously online without any traces.
For instance, you can send money anonymously on PayPal by opening a business PayPal account or by using fake details for opening your PayPal account.
Once you open your PayPal account, you'll need to verify it with a bank account or bank card to start sending money. You can use a virtual bank account for PayPal verification or better still, verify PayPal without a bank account.
The next and final step would be to start sending money anonymously.
Also Read: How To Send Money Anonymously On Venmo
2. Use Cryptocurrency
Cryptocurrency has been one of the best ways to send money anonymously online for years now.
The only thing the receiver sees on their end is the senders crypto address which is barely untraceable.
You can use the funds in your bank account to buy crypto and send them to your receivers crypto address.
In case you don't want to buy crypto, these free crypto mining apps will let you mine a good amount of crypto freely and you should be able to send them to anyone.
Also Read: Best Crypto Loans Without Collateral
3. Use Cash
Cash transactions are the most untraceable payment method that have existed for years now.
However, since the creation of digital payment apps, many have neglected the use of cash as a payment method.
Paying by cash is very anonymous since no information about you is tied to the cash when paying by cash.
Is Zelle Safe For Sending Money?
Because no sensitive financial information is shared during a Zelle transaction, it is widely regarded as a safe and secure method of sending money.
Additionally, verification and monitoring tools should be available at your bank or credit union to help confirm that you are the one approving your Zelle payments.
Similar to cash, Zelle is quick, practical, and free.
However, Zelle lacks the payment security features that consumers have grown to expect from credit cards and debit cards, which typically shield users from unauthorized transactions.
Due to these factors, Zelle should only be used to pay friends, family, and certain small company owners that you know and trust.
Use Zelle sparingly if you want to transfer huge amounts of cash to strangers or make purchases from internet merchants.
Additionally, confirm that you have the correct email address or mobile number for the person you wish to pay.
This makes it more likely that your money will reach the intended recipient.
Final Thoughts: Send Money Anonymously On Zelle
Zelle is a fast, safe and easy way to send money to friends and family.
Though Zelle does not share any personal information when you send money online, it is not, however, an anonymous payment method since the transaction is made between banks.
However, you can use other ways to send money anonymously online mentioned above as alternative ways to send money anonymous through Zelle.
Frequently Asked Questions
Can you Zelle a stranger?
Zelle is a great way to pay friends, family, your coworkers and almost anyone else you trust, but it shouldn't be used to pay strangers.
Does Zelle show your name when you send money?
Yes, Zelle does show your name when you send money.
