Is Zelle a Threat to Paypal, Square, and Other Fintech Companies?
Person-to-person payments app Zelle certainly has its advantages, especially that it is integrated into many big banks’ online and mobile platforms and doesn’t require any separate account. However, rival apps like Venmo and Square (NYSE: SQ) Cash don’t seem to be losing much ground to it.
In this Industry Focus: Financials clip, host Jason Moser and Fool.com contributor Matt Frankel, CFP offer some insight on how much of a threat Zelle is to the other major payment apps.
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