[djsumdog]

I don't think Zelle is real time. I'm curious if it's the same working group for RTP that was behind Zelle.

[Qworg]

Zelle is roughly real time.

It is owned by the same company doing RTP.

[thepinkelefant]

Not correct . RTP is from theclearinghouse and Zelle is from clearexchange. Zelle came from a mix of banks trying to address only P2P scenarios. RTP goes beyond to B2C and all other combinations .

[Qworg]

Zelle is owned by Early Warning Systems, a wholely owned subsidiary of the top 7 banks in the US. The Clearing House is a joint venture by the top 25 banks in the US.

Clearexchange was purchased by EWS a few years ago.

[souterrain]

The times I’ve used Zelle to send money, it has been real-time.

[xur17]

Once I've sent money to someone a few times it's typically instant, but it isn't always.

[danielmg]

it is not