![]() Zelle partnered up with Chase to create its Chase QuickPay app, whereas Venmo is a stand-alone app that you can download onto your mobile device. When talking about Chase QuickPay, the discussion isn’t really about Chase. It’s about Zelle, a peer-to-peer (P2P) payment app, like Venmo, that pairs with participating banks and credit unions. What’s Chase Bank’s Peer-to-Peer Payment Platform?įirst, Chase doesn’t make things entirely easy for its users by offering two services with very similar names. There’s Chase Pay, a way to quickly make payments at participating merchants (like Apple Pay), and there’s Chase QuickPay, which is what we’ll be hashing out here. Chase QuickPay is Chase Bank’s response to apps like Venmo. It’s a way to send and receive money between you and your friends, otherwise formally known as a peer-to-peer payment platform. Let’s take a closer look at Chase’s version of peer-to-peer payment in comparison to the original trailblazer, Venmo. What could be better? It was only a matter of time before big banks jumped on board, but how does one of the biggest names in banking stack up against the comparatively smaller, PayPal-owned digital wallet? ![]() The app combines everything Millennials love: social platforms and smartphones. ![]() Splitting the bill has never been easier since Venmo was first introduced. ![]()
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