Zelle
Zelle is a digital payments network in the United States that enables users to send and receive money directly between bank accounts through a mobile app or online banking. It is integrated with hundreds of financial institutions, allowing for fast, secure, and fee-free transfers typically within minutes. The platform is designed for peer-to-peer transactions, such as splitting bills or paying friends, without requiring account numbers or traditional wire transfers.
Developers should learn about Zelle when building financial technology (fintech) applications, integrating payment systems, or working on banking software, as it is a widely used payment method in the U.S. with APIs and partnerships for seamless money transfers. It is particularly relevant for projects involving real-time payments, mobile banking features, or compliance with financial regulations like anti-fraud measures and data security standards.