Zelle (zellepay.com) is a financial services company. It’s similar to Paypal; however, Zelle allows you to send and receive money without fees. Zelle is becoming very popular in the United States, and I’m familiar with public figures such as Judy Justice being familiar with this payment method in her courtroom. The downside to Zelle in comparison to its competitors, such as PayPal is it has a limitation with how much money you can send, making it only suitable when sending and receiving amounts up to several hundred dollars or less.
Zelle is owned by Early Warning LLC and that LLC is co-owned by seven big banks — Bank of America, US Bank, Wells Fargo, Capital One, PNC, JP Morgan Chase and Co., and Truist. The big banks got together and all agreed they needed one single brand name for peer-to-peer online transactions that didn’t have any independent revenue stream and that’s how Zelle the service was launched in 2017. The banks that co-own Zelle noticed how easy it had become for people to send money to one another with other online services such as Cash App, PayPal, or Venmo, and thought they needed to create something themselves that would directly compete with those services and that would mean their customers would still be using their services instead of fleeing to the alternatives.
As of December 2023, zellepay.com has 4 million monthly views (4.2 million Dec 2022), according to Similar Web, many of which are based in the US. The Wayback Machine estimates zellepay.com was founded on August 28, 2016.
Is zellepay.com Safe?
I analyzed zellepay.com for malware and malicious content to check if it was legit or a scam. Here are the results:
Malware:
I checked zellepay.com on Sucuri, and it returned with no issues. Results: Sucuri scan for the site Zellepay.com.
I then ran a parasite scan with Unmask Parasites on zellepay.com, and it is suspicious. Results: Unmask Parasites scan for the site Zellepay.com.
Unmask Parasites cites 1 suspicious inline script found:
(window.NREUM||(NREUM={})).init={ajax:{deny_list:["bam.nr-data.net"]}};(window.NREUM||(NREUM={})).loader_config={licenseK...
I also checked zellepay.com on VirusTotal, and it is clean. Results: VirusTotal scan for the site Zellepay.com.
As a Service:
Zelle has become one of the most reputable companies in financial services. And it’s the leading mobile digital payments platform in the US, which is the same niche it pioneered with its innovation. As mentioned, I have also seen Zelle being used as a payment method between landlords and tenants in US court cases seen on Judy Justice. That said, if you have used Zelle and have an experience to share, please let us know in the comments because user reviews are useful. OVERALL GRADE: Relatively Safe.
Links and Profiles
Website: zellepay.com
References
2. Wayback Machine – zellepay.com
(Last Updated: 2/19/2024)