The Zelle vs. Venmo Battle: Which One is The Real Winner?

Two of the most popular payment providers out there are Zelle and Venmo, but each has its own strengths and weaknesses. In the Zelle vs. Venmo competition, who do you think would win?

Thanks to money apps like Zelle and Venmo, you can send and receive money from the comfort of your home without getting cash, going to the bank, or writing a check.

Peer-to-Peer Payment Service

Zelle and Venmo are both peer-to-peer (P2P) payment systems because they enable you to send money from one device through a linked bank account or card.

Zelle is a digital payment network that most mobile banking apps already have. It is owned by JP Morgan and Bank of America.

What is Zelle?

You log in to your bank account and sign up under the Zelle tab. Once you have Zelle, you can sync your contacts to send money to the other party.

Venmo is also a P2P money transfer service. It makes the transmission of funds between the sender and recipient seamless and quick.

What is Venmo?

Users can also utilize Venmo by paying or requesting payments from other users. They can input the payer or recipient's email address, username, or phone number.

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