1. Bank apps are terrible, slow, and poorly organized, because banks. They suck at software. Venmo and Cashapp are good at software.
2. (Insert healthy amount of distrust of anything the banks all want, because there's zero chance it's in consumers' best interest)
3. We don't control anything, Zelle does. I have 5 bank accounts (multiple banks). I have one cell phone number, and of COURSE Zelle, like the banks that run it, insists on using cell phone numbers as basically their primary key and only identifier. When someone pays me by putting in my number, where will the money go? F--k if I know!
1. Bank apps are terrible, slow, and poorly organized, because banks. They suck at software. Venmo and Cashapp are good at software.
2. (Insert healthy amount of distrust of anything the banks all want, because there's zero chance it's in consumers' best interest)
3. We don't control anything, Zelle does. I have 5 bank accounts (multiple banks). I have one cell phone number, and of COURSE Zelle, like the banks that run it, insists on using cell phone numbers as basically their primary key and only identifier. When someone pays me by putting in my number, where will the money go? F--k if I know!