Insights on Zelle from the Levvel Financial Services Team

Blog

July 11, 2017

TABLE OF CONTENTS

Introduction

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?

Insights

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.

Authored By

Scott Harkey

Chief Strategy Officer

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Meet our Experts

Scott Harkey
Chief Strategy Officer

Scott Harkey is Levvel's Chief Strategy Officer while also leading the Payments and Financial Services work. He has 15 years of banking experience including leading the technology team that implemented digital wallet products at Bank of America along with 10 years of technology merger integration and IT operations outsourcing work at Wells Fargo. Scott brings a unique “insider” point of view combined with a proven track record of delivery to banks, technology providers, and merchants exploring the digital payments space.

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