Zelle®

Zelle is a mobile-first financial service that facilitates instant peer-to-peer money transfers between individuals, primarily through integration with existing bank and credit union mobile apps or online banking. It focuses on secure and direct money movement between bank accounts.

Zelle is primarily a peer-to-peer money transfer service, which directly aligns with the 'Instant P2P Transfers' must-have feature. The website content explicitly states, "Zelle® is a great way to send money to friends and family, even if they bank somewhere different than you do." It also mentions fraud prevention and security measures, matching 'Fraud Monitoring & Security'. However, it does not offer a prepaid debit card, early direct deposit, stock trading, or bitcoin trading, which are other must-have features of Cash App. The focus of Zelle is solely on money transfers between bank accounts.