Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

-How do Venmo and Zelle compare and contrast to the existing electronic transactions (such as ACH and wires)? Do they use ACH to move money

image text in transcribed
-How do Venmo and Zelle compare and contrast to the existing electronic transactions (such as ACH and wires)? Do they use ACH to move money or are they something else? How do they move the money between the customers? -One difference between these two products is that Zelle is owned by the banks, while Venmo is owned by PayPal. How does this affect the availability of funds and the user experience

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Students also viewed these Accounting questions