The Zelle Vs. Venmo Battle:  Consumers are the Real Winners

Technology has made banking easier, especially transferring money.

Two of the most popular apps for transferring money are Zelle and Venmo.

Zelle and Venmo each have their own strengths and weaknesses.  But they both get the job of sending and receiving money done.

They both make transferring money easier, so you don't have to get cash, go to the bank, or write a check.

They both are peer-to-peer payment systems.  But what are the differences and is one of them better than the other?

Zelle Facts: *Only email or phone number is needed to send money *Comes installed in over 25 banking apps *Free to Use

Venmo Facts: *Need to download the app *Connect with other Venmo users with usernames *Free to use but pay a small fee when using credit card

Other Facts: *Can't reverse transactions on Zelle *Zelle uses encrypted data for increased security *Zelle transfers money more quickly

Swipe up for more facts on Zelle vs. Venmo to determine which is the best option for you!