Bank of America is being sued by a customer who claims the bank “misrepresented” its free money transfer service and failed to warn her and others about the fees it could cause, court documents show.

You may be accustomed to Venmoing your friends to split a check at dinner. But what about using Venmo or Zelle to pay for a soda at a convenience store? Some merchants may ask you to do just that. But ...

Zelle is a popular peer-to-peer (P2P) money transfer service. It allows customers of U.S. banks and credit unions to transfer money to other U.S. deposit accounts at a near-instant speed. And on top ...

In the hotly contested market for person-to-person transactions, PayPal Holdings Inc.’s Venmo unit has rarely made a misstep. But over the weekend the popular service said it will raise its fee from ...

David McMillin writes about credit cards, mortgages, banking, taxes and travel. Based in Chicago, he writes with one objective in mind: Help readers figure out how to save more and stress less. He is ...

If you’ve been looking for an easier way to send money to friends and family — be it for paying a friend back for coffee or gifting some cash to a loved one — then Zelle might be worth considering.

If you are like me and do not like the idea of carrying cash, you must always use Venmo or Zelle. Even though both these digital wallets are great, we need to compare the two to find out which is ...