How does Zelle make money? A look at the platform’s business model

How does Zelle make money? A look at the platform’s business model …C0NTINUE READING HERE >>>

Zelle is an online payment platform that was established in 2017. The platform is created by American financial companies like Bank of America Corp, Wells Fargo & Co, and JPMorgan Chase & Co. The app has over 65 million users in America, and around 924 banks are participating in its system. But how does Zelle make money, considering it is a free app?

Zelle is one of the platforms that you can use to send and receive money. Photo: @zellepay on Instagram (modified by author)
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