Zelle vs Venmo vs F-messenger vs Apple Pay Cash/Biz Chat vs...who wins? ability to integrate messaging& pay is key. https://mobile.nytimes.com/2017/06/12/business/dealbook/mobile-banking-zelle-venmo-apple-pay.html …pic.twitter.com/Xq2uzxUaPe
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Alex, Zelle is a formation of banks to protect bank ownership of the customer. They can offer $0 fee xfer for P2P + P2B.
I was asking $0 cost to whom?
Alex, ahh. Got ya. $0 cost to all participants. Banks in Zelle see no deep costs to move funds. Thus they can loss leader it as a perk.
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