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How to use Zelle, the lightning-fast payments app that's more popular than Venmo in the US

2 monthes ago   |   By Business Insider

Olivia Harris/Getty Watch out, Venmo - there's another payments app on the rise.
Zelle is a year-old service that lets you digitally transfer money to someone else, no cash, checks, or wire transfers required. It sounds a lot like Venmo, but there's one key difference: Zelle was created by the five largest banks in the US.
Last summer, JPMorgan, Bank of America, Wells Fargo, US Bancorp, and Capital One joined together to launch Zelle. Both Venmo and Zelle let you send money to friends instantly. The difference with Zelle is that you don't have to wait to receive the money in your bank...
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