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
You can add location information to your Tweets, such as your city or precise location, from the web and via third-party applications. You always have the option to delete your Tweet location history. Learn more
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.
This isn't free for any banks. There's nothing banks do that is free to them. Banks aren't charging customers.
Alex, indeed. I agree. The fundamental here is that in the market they own the house advantage. It is "on us" Cash movement.
ApplePay could actually be the one to make money if customer hold $$ in account. Can also tie-in phone discount.
Jim, pure wisdom as always sir. I can say this, we have not seen the entire Apple Pay Cash game plan. Rewards and more in the way.
What do the banks get out of a model where they provide the network for free to Apple? There will be multiple winners in this space.
Scott, great points I agree. Apple is a facilitator that brings a deep OS level bank interference with the famously activated user base.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.