Zeelle is legal

Zelle is a digital transfer platform, and its predecessor is clearXchange, an inter-bank transfer system. Zelle provides customers with simple, fast and secure P2P transfer service. Through Zelle, customers only need to enter the payee's mobile phone number or email address, and the funds can be transferred from their own bank account to the payee's bank account immediately. By the end of 2020, Zelle has established cooperation with more than 1000 banks and credit cooperatives, covering1400,000 American individual users. Zelle pioneered instant inter-bank transfer, and its highly digital transfer service created a good user experience.

Zelle, located in the United States, is a digital transfer platform that provides services such as peer-to-peer transfer, business-to-government transfer, and small business transfer. Through Zelle application, cooperative bank website or mobile banking application, users only need to provide the payee's mobile phone number or email address, and funds can be transferred from their own bank account to the payee's bank account immediately. Zelle is connected to the user's bank account, so the user does not need to create an account separately, but only needs to associate the mobile phone number or email address with the existing bank account.