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Zelle is a payments app that lets you send and receive money instantly, without the need for bank transfers.
Zelle, a payments service created by the 7 biggest US banks, is on track to be more popular than Venmo in 2018
Payments service Zelle is only a year old, but it has already amassed millions of users and is predicted to become more popular than Venmo by the end of 2018. The service was created by seven major US banks and often works within your bank's app.
The pre-paid debit cards would tie into a unannounced service that would allow iPhone users to send money to each other digitally.