Definition
Banks are mulling the idea of expanding peer-to-peer money transfer service Zelle to point-of-sale transactions, according to a report by the Wall Street Journal. The service has grown by leaps and bounds since the pandemic began, prompting banks to consider new opportunities, particularly as a way to skip the fees charged by Visa and Mastercard on debit and credit card transactions. Key Takeaways
In Panel Profits
In the Panel Profits market platform, Banks Considering Zelle as a Credit or Debit Card Alternative applies standard financial concepts principles to comic assets and physical collections.
Common mistakes
Do not infer unobserved prices.