![]() It is worth mentioning early on in this comparison that both companies offer limited global coverage: Zelle only supports domestic transfers in the US, while Google Pay international transfers are restricted to India and Singapore only, although there is mention of future plans for expansion.Įnglish is the only available supported language on their mobile app or website. ![]() ![]() A product of Google, the smartphone-based service is compatible with iOS and Android devices, and has exceeded 100 million users since 2020. Google Pay features a variety of digital payment functions as well as international money transfer services. The company is owned by Early Warning Services LLC and the headquarters are in Scottsdale, Arizona. It launched 5 years ago and during that time has gained over 100 million customers. Zelle is unique because it is integrated into various online banking systems and transactions are executed by using account details provided by the bank. The main objective of Zelle is to offer an easy way to send money to friends and family, even when they do not bank with the same institutions. Eventually allowing it to store gift cards, tickets, membership cards and more.Zelle is a domestic money transfer service that supports transfers between United States banks in their network. In supported regions, both peer-to-peer payments and digital wallet functionality were folded into the same app.Īs we mentioned earlier, in recent years, Google has been adding more and more functionality to Google Pay. In 2018, Google merged its Google Wallet and Android Pay services, bringing everything under the moniker of Google Pay. Google Wallet continued to exist as a peer-to-peer money-sending app, much like Google Pay is today (confused enough yet?). ![]() Secondly, it was much easier to use, it didn't require finding the app and entering a pin, users could simply unlock their phone and place it over the reader to pay. There were two key differentiators with Android Pay, firstly it was built-in to Android so you didn't have to download an additional app. Google Wallet wasn't used by many people and was initially restricted to the Google Nexus phone.Īfter about four years, Google Wallet was replaced by Android Pay. ![]() At the time, contactless payments were a new phenomenon, and NFC was yet to be widely adopted by the Android phone market. ![]()
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