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Zelle, a payments service created by the 7 biggest US banks, is on track to be more popular than Venmo in 2018

7 days ago   |   By Business Insider

Seth Wenig/AP
Payments service Zelle is on track to become more popular than Venmo by the end of the year.
Zelle was created by seven of the largest US banks and often works within your mobile banking app.
Zelle also differs from Venmo - and the third most-popular payments app, Square Cash - because the money can often be delivered instantly to your bank account.
If you're not already using Zelle, you may be one of the millions of users the platform is expected to add in 2018.
Zelle is a year-old service that lets you instantly transfer money to someone else, much like Venmo or Square...
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