Zelle, a new payment service backed by more than 30 US banks, will launch its standalone app on September 12th to take on competitors like Venmo and Square Cash. The network had been quietly powering money transfers for major US banks including Bank of America, Chase, Wells Fargo, and Citibank since launching in June.
In this way, what banks use Zelle?
Zelle is a U.S.-based digital payments network owned by Early Warning Services, a private financial services company owned by the banks Bank of America, BB&T, Capital One, JPMorgan Chase, PNC Bank, US Bank, SunTrust and Wells Fargo.
Can you use Chase Quick Pay with another bank?
Chase Person-to-Person QuickPaySM is a free online service that allows users with a Chase checking account to send money to and receive funds from virtually anyone with an e-mail address and a valid U.S. bank account. You don't need to be a Chase customer to use the service.
What banks does Zelle work with?
Here's a list of the banks that are participating in Zelle:
- Ally Bank.
- Bank of America.
- Bank of Hawaii.
- Bank of the West.
- Capital One.