this post was submitted on 11 Feb 2025
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[–] [email protected] 27 points 2 months ago (1 children)

From wikipedia

Zelle (/zɛl/) is a United States–based digital payments network run by a private financial services company owned by the banks Bank of America, Truist, Capital One, JPMorgan Chase, PNC Bank, U.S. Bank, and Wells Fargo.

So PayPal does not seem to own an interest in Zelle, but the group of owners isn't necessarily better than PayPal.

[–] [email protected] 8 points 2 months ago

It's capital all the way down, man.