Zelle P2P Payment App Reaches Consumers September 12
Zelle today said its mobile peer-to-peer payment application will reach the Google Play Store and iTunes App Store on Tuesday, September 12. The service has been in testing since June. Zelle is supported by more than 30 of the nation's largest banks for sending funds from one person to another. It competes with established P2P payment services Venmo and Square Cash. The difference is speed. These older services typically require a day or two for funds to actually transfer between accounts. Zelle claims it can move cash in mere minutes using only the recipient's email address or mobile phone number, allowing for near instant withdrawals. Zelle's service has already been added to mobile banking apps from the likes of Bank of America, Capital One, Citi, Citizens Bank, Fifth Third Bank, First National Bank, JP Morgan Chase, KeyBank, M&T, PNC Bank, TD Bank, U.S. Bank, Wells Fargo, and more than a dozen others. This means users of these banks who send cash to friends via their mobile banking app are likely already using Zelle's service, which is running in the background. What's different here is that Zelle is rolling out a separate app under its own brand to stand apart from the banks it works with. The service can be tied to bank accounts and/or debit cards, but not credit cards. It is strictly meant to send real money from one person to another. Zelle was created by early warning services.
Google Launching Android Pay Today
Sep 10, 2015
Google said it is making Android Pay, its reborn mobile payment service, available to Android handsets beginning today. The app will be pushed to small batches of users over the next week, according to Google.
Google Unfolds A Brand New Wallet App for Android
Sep 9, 2015
Google today released a fully redesigned Google Wallet application for Android devices. Google Wallet is not an app for making mobile payments at retail.
Zelle Promises Quick P2P Payments Via Mobile Banking Apps
Jun 12, 2017
Many of today's popular mobile banking apps will soon support a rapid person-to-person (P2P) payment feature through a new service called Zelle. Zelle, developed by Early Warning Systems, is supported by more than 30 of the nation's largest banks for sending funds from one person to another.
Gmail for Android Gains Send-Money Feature
Mar 14, 2017
Google today made it possible to send or request money within Gmail on Android devices. The sender will need a Google Wallet account, but the recipient does not need Google Wallet, nor even Gmail.
Banks Prepping Smartphone-Enabled ATMs
Jan 29, 2016
JPMorgan Chase and other banks are readying next-generation ATMs that will allow people to withdraw funds using their smartphone. Chase said the first series of new ATMs will grant access to cash through the Chase mobile app, and will require a code.