Zelle in an online payment network and APP service launched in 2017, with headquarter located at United States of America. Zelle is used for receiving payments from companies and government entities.
Zelle is new version of clearXchange, that it was known as and was founded in 2011. Zelle is owned by Early Warning Services which is owned by different financial institutions.
ClearXchange was owned by Bank of America, JPMorgan Chase, and Wells Fargo and operated person-to-person payments, same as PayPal.
Other financial institutions like BB&T, Capital One, PNC Bank, U.S. Bank also affiliated with it over time.
Zelle is owned by well known banks, so it's services are also for those who have trusted records with the financial institutions.
Zelle is new version of clearXchange, that it was known as and was founded in 2011. Zelle is owned by Early Warning Services which is owned by different financial institutions.
ClearXchange was owned by Bank of America, JPMorgan Chase, and Wells Fargo and operated person-to-person payments, same as PayPal.
Other financial institutions like BB&T, Capital One, PNC Bank, U.S. Bank also affiliated with it over time.
Zelle is owned by well known banks, so it's services are also for those who have trusted records with the financial institutions.