STEPHEN MOORE: For Whom The Zelle Tolls: Why Dumping Biden Era Case Against Popular Service Was Correct
One of the more baffling lawsuits in the final days of the Biden administration was the complaint against Zelle – the popular money transfer system. The Consumer Finance Protection Board (CFPB) argued that the service…
Opinion · 1 source · Jul 1, 2026Read itThe journal
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About Zelle
Zelle is an American digital payments network run by a private financial services company owned by Bank of America, Truist, Capital One, JPMorgan Chase, PNC Bank, U.S. Bank, and Wells Fargo. The Zelle service enables individuals to electronically transfer money from their bank account to another registered user's bank account using a mobile device or the website of a participating banking institution. Transfers between bank accounts of registered users are typically completed within minutes. There is currently no fee or charge on the transaction to users. Instead, participating banking institutions are charged a fee per transaction.
Everything about Zelle →- Country
- United States
- Inception
- 2017
- Website
- https://www.zellepay.com/