Comment by ValentineC

> but it's actually a government based system system which renders free transfers between bank accounts (your own or others) with a cap of 3 or 5k/month.

Zelle is run by Early Warning Services [1], a joint venture between Bank of America, Truist, Capital One, JPMorgan Chase, PNC Bank, U.S. Bank, and Wells Fargo.

It's most definitely not "government-based".

[1] https://en.wikipedia.org/wiki/Zelle_(payment_service)