Venmo competitor Zelle is finally launching a mobile app

Zelle
We’ve all heard of Venmo and Square Cash, but soon there could be another player on the block — and this one has some pretty serious backing. The service is called Zelle and it first launched in June. Now, however, the service is getting its own stand-alone app.

Zelle has been powering transfers for some pretty major institutions in the past few months, including Bank of America, Chase, Wells Fargo, Citibank, and more. In fact, if you use a mobile banking app, it is likely already powered by Zelle. Thirteen banks and credit unions in total support the service, with 17 more boasting plans to connect with Zelle.

zelle app news store mockup infographic
Zelle App (PRNewsfoto/Early Warning Services)

So what is the point of Zelle? Person-to-person payment platforms have become increasingly popular over the past few years and for good reason. They are simple, quick, and reliable. Not only that, but they are far better than the large bank alternative, which requires information like routing numbers and account numbers. Zelle aims to change that. In fact, it was created by a coalition of large banks who don’t want to lose out to services like PayPal and Venmo.

Like other person-to-person payment services, Zelle will allow users to send and request money using only a friend’s phone number or email address. On top of that, it will work with both Visa and MasterCard, even if the associated bank does not yet officially support Zelle. Since its initial rollout in June, Zelle says that more than 50,000 new customers are enrolling in the service on average per day, with the goal being to bring the service to all 86 million mobile banking customers in the U.S.

The app itself will be available on Tuesday and users will be able to send funds instantly to one another, providing they both have Zelle. If one person in the transaction does not have Zelle, transactions will take between one and three days to complete.

Zelle will not be without serious competition. PayPal, which owns Venmo, recently announced it would offer instant transfers, though it will be charging $0.25 per transaction. The feature has already rolled out to PayPal, and will likely hit Venmo soon, especially given the launch of the Zelle app.

Zelle will be available on both Android and iOS.

Product Review

Galaxy Watch Active is the right size, no matter how big or small your wrist is

Launched among a massive array of other new products, the Samsung Galaxy Watch Active could easily have been missed at Galaxy Unpacked 2019 -- which would be unfortunate. This is a sensibly designed, correctly sized smartwatch suitable for…
Home Theater

Here's a handy guide to mirroring your favorite devices to your TV screen

A vast arsenal of devices exists to allow sending anything on your mobile device (or PC) to your TV. Our in-depth guide shows you how to mirror content from your smartphone or tablet to the big screen.
Computing

Lost your router? Here's how to find its IP address to help track it down

Changing the login information for your router isn't always easy, that's why so many have that little card on the back. But in order to use it, you need to know where to go. Here's how to find the IP address of your router.
Movies & TV

Here’s how to watch the 2019 Oscars livestream online

The 91st Academy Awards will air live on ABC, but there are also a number of ways to watch Hollywood's biggest night online using your mobile device, desktop, or set-top streamer. Here's how to catch the Oscars livestream.
Gaming

Xbox's app lets you access your console while away from home. Here's how

Microsoft's Xbox allows you to access your profile information and launch media content directly from your mobile device. Check out our quick guide on how to connect your smartphone to an Xbox One.
Mobile

Protect and style your Samsung Galaxy S10 with the best cases and covers

If you've splashed the cash for a shiny new Samsung Galaxy S10, then you'll want to take steps to protect your investment. With a metal frame and glass curves, the S10 needs some cover. Check out the best Samsung Galaxy S10 cases.
Health & Fitness

Nike’s Android app is bricking its $350 Adapt BB self-lacing shoes

A firmware update for Nike's new self-lacing Adapt BB shoe appears to be bricking the $350 footwear for some owners. Android users have said the Nike app no longer pairs with the shoe, rendering the tightening mechanism useless.
Mobile

You can now pre-order the Samsung Galaxy S10, S10 Plus, or S10e

The Samsung Galaxy S10 is one of the most-anticipated phones of the year, offering a new chipset, beautiful display, and more. Now that the phone has been announced you might be wondering where you can get it for yourself.
Mobile

Where to buy the Samsung Galaxy S10, S10 Plus, and S10e in the U.K.

The Samsung Galaxy S10, S10 Plus, and S10e have all been officially announced and can be pre-ordered right now, with deliveries expected on March 8. If you're in the U.K., this is where you need to go to buy one.
Mobile

Sony partnership with Light aims to take smartphone photography to new heights

Smartphone photography is in its ascendancy, and a new partnership between Light and Sony hopes to lift it to new heights through the development of multi-image sensor solutions for smartphones. We spoke to Light to find out more.
Mobile

Samsung Galaxy S10 vs. Google Pixel 3: Can Samsung beat the stock Android king?

The Samsung Galaxy S10 is here, offering modern specs, a beautifully high-resolution display, and an edge-to-edge design with a small cutout in the display for the front-facing camera. But can the phone take out the Google Pixel 3?
Deals

Protect your iPhone or iPad with the IPVanish VPN, on sale through February

One of our favorite virtual private networks for iPhones and iPads, IPVanish, is now offering a huge discount on its two-year subscription as part of its 7th-birthday promotion. Read on to find out more about how this VPN works and how you…
Mobile

Verizon is launching real standards-based 5G in 30 cities in 2019

Verizon is in the midst of a massive 5G rollout. In addition to fixed 5G service, it will also begin deploying mobile 5G in the coming months. Here's everything you need to know about Verizon's 5G network and when it will be in your town.
Deals

Stay fit and save cash with our top 10 affordable Fitbit alternatives

As much as we love Fitbits, they're rather expensive. If all you want is a simple activity tracker, however, then check out these great cheap Fitbit alternatives. With offerings from brands like Garmin, you don't need to pay full price.