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by 1-more 1406 days ago
Zelle is roughly that in the US. Where Venmo is an intermediary that makes money by having your money before you take the extra step to transfer to your bank (for free in 3 days or instantly for a fee), Zelle is bank account to bank account. Transfers with it show up as debit card transactions in my statement, and I can look people up with phone or email.