[1] Previously, the Zelle service was known as clearXchange, which offered payment services through member financial institutions and a website. I hope that they do update this app and allow us to add friends on here. If you're tired of entrusting third-party apps with your financial information and dealing with cumbersome transaction fees, Zelle is an excellent way to send and receive money directly from an account you already own. If your bank or credit union offers Zelle, you already have it in your mobile bankin… [1][3][19][23][28][29][30], The two services work very similarly from the user's perspective – e.g., both services use email addresses and mobile phone numbers to identify recipients, but Venmo lacks the direct integration with banking institutions that Zelle has, and Zelle money transfers are typically processed more quickly. I went to change notification settings -- only to discover that I needed my password to turn off their text messaging.

Zelle does not support Google Voice or any numbers like it. Please refresh the page and try again. If you have not yet enrolled your Zelle profile, follow these simple steps: 147 Shares, btraxはデザインサービスを通して企業の事業創出とトランスフォーメーションを実現します。, sf@btrax.com Zelle is a money-transfer service that's tied directly to your bank account and mobile phone number. Money moves quickly - directly from bank account to bank account. If you have not registered with Zelle, you will need to first register your account with Zelle through the Capital One Mobile app. tokyo@btrax.com EXCLUSIVE – While the U.S. payments landscape witnessed two important bank-backed efforts (hello, Zelle and realtime payments), one largely neglected area is likely to be the major focus next year. The instant funds transfer, and the lack of default two-factor authentication, and use of identification through easily co-opted phone numbers or e-mail addresses, leave users vulnerable to deceptive misdirection of funds, or money instantly lost in a fraudulent or erroneous transaction, with essentially no practical or legal recourse for the victim. New York, Launched in April 2011, clearXchange was originally owned by Bank of America, JPMorgan Chase, and Wells Fargo. Zelle is a mobile payment processing network developed by some of the largest American banks — Bank of America, Chase, Capital One and USAA among them. ", "Instant fraud: Consumers see funds disappear in Zelle account scam; The digital payment service embedded in banking apps has made it easier for thieves to access funds in personal checking and savings accounts, experts say,", "Zelle Fraudsters Find New Victim Pool: Consumers Who Don’t Even Use Zelle,", "Early Warning: Complaints: Better Business Bureau® Profile,", "How scammers use Zelle to drain your bank account; Two Cincinnati professionals fall for slick scam,", "Scary bank scam uses Zelle to drain your account; New money transfer app lets scammers pull out money,", https://en.wikipedia.org/w/index.php?title=Zelle_(payment_service)&oldid=983486978, Financial services companies established in 2017, Pages using infobox company with a logo from wikidata, Creative Commons Attribution-ShareAlike License, In April 2011, the clearXchange service was launched.