The payment service banks hope will kill Venmo is called 'Zelle'
 

The payment service banks hope will kill Venmo is called 'Zelle'
http://i.amz.mshcdn.com/gYczFuvqQD_s...-601109283.jpghttp://a.amz.mshcdn.com/assets/feed-...50839a8e00.jpghttp://a.amz.mshcdn.com/assets/feed-...32c6f24ba1.jpg
Next year, will we be "zelle-ing" people to pay them back for dinner?*

The payment service that banks hope will quash Venmo will be called Zelle, the Wall Street Journal reported Thursday. A spokeswoman for the service confirmed the name to Mashable.*

The payment platform already exists as clearXchange, but will be rebranded as Zelle in the coming months. It's been around since 2011.*

Right **w, clearXchange users can send money to people at other banks through clearXchange's website and through their own bank's website or mobile app. Users need a checking account and an email address or cell phone number.* Read more...

More about Mobile Payment, Fintech, Venmo, and Businesshttp://feeds.feedburner.com/~r/Mashable/~4/Z9XFtgCFuPw