What The Zelle Is Going On?

Should banks extend Zelle into retail? Despite the narcotic effect of interchange, I think that they will, but not as a general-purpose card replacement. A Zelle option in a supermarket app makes sense but Zelle to buy a dishwasher online from a cut-price white goods retailer probably does not.

Read the full article at: www.forbes.com

  • John K. White

    John has been in communications since graduating from Creative Communications at Red River College Polytechnic in Winnipeg in 1992. He launched one of Canada's first digital-only local news sites called Winnipeg First in 2007, which led to digital editor postings with the Winnipeg Free Press and Edmonton Journal. In 2012 he joined Bankless Times as managing editor, later becoming president and CEO. He and the Bankless Media co-founders completed a sale and exit in August 2021.