Zelle

Zelle is a U.S. real-time peer-to-peer payments network that enables consumers to send and receive money directly between bank accounts using an email address or mobile phone number. Backed by a consortium of major U.S. banks and operated by Early Warning Services, Zelle is notable for deep bank integrations, instant settlement at many participating institutions, and a focus on convenience and ubiquity for everyday person-to-person and small business transfers.