Levvel Blog - Insights on Zelle from the Levvel Payments Team

Insights on Zelle from the Levvel Payments Team

Insights on Zelle

Zelle, a new peer-to-peer (P2P) payments service backed by over 30 major U.S. banks, is generating a lot of buzz as of late. But what exactly is Zelle, and how is it any different from Venmo and other P2P payment services?

As a veteran of the financial services and payments industries, I recently wrote an article for the Let’s Talk Payments website to answer these and other common questions on Zelle, such as:

  • Is this the end of Venmo and Square Cash?
  • What technology is powering Zelle’s engine?
  • What is Zelle’s impact on P2P and real-time payments?
  • How does Zelle affect my business? Why should I consider (or reconsider) it?
  • How might Zelle be used in the future?

Read the full article on the Let’s Talk Payments website to learn more about how Zelle is disrupting the payments industry and the effects it will have on your business and your relationship with your customers.

Scott Harkey

Scott Harkey

Head of Strategy and Payments

Scott Harkey leads the Strategy and Payment Practice at Levvel where he manages the payments efforts with clients that include Global Banks, Digital Wallet Providers, Merchants, Acquirers and startups. Prior to joining Levvel, Scott was a Technology Executive at Bank of America managing the bank’s Digital Wallet technical efforts. This experience, along with 10 years of technology merger integration and IT operations outsourcing work at Wells Fargo, enables Scott to bring a unique “insider” point of view combined with a proven track record of delivery to banks, technology providers, and merchants operating in the digital payments space.

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