TransferGo vs Zelle
TransferGo
transfergo.com
Zelle
zelle.comSide by side
| Figure | TransferGo | Zelle |
|---|---|---|
| Price from | Free | Free |
| Free plan | Yes | Yes |
| Free trial | — | — |
| Open source | — | — |
| Web | — | Yes |
| iOS | Yes | Yes |
| Android | Yes | Yes |
| Plans published | 8 | 2 |
| Spec score · Money Transfer Apps | 8.8 (#9) | 8.2 (#33) |
| Customer support | Customer Service is available in English and nine other languages. | For issues using or enrolling in Zelle through a financial institution’s app or online banking, users should contact that bank or credit union. |
| Founded | 2012 | 2017 |
| Free plan | Yes | Yes |
| Headquarters | London, United Kingdom; Vilnius, Lithuania | Scottsdale, Arizona, United States |
| Mobile platforms | The app is available for iOS, Android and Huawei. | both |
| Recipient methods | Transfer options include card-to-card payments, e-wallets and cash transfers. | bank |
| Transfer speed | Transfers can be delivered in minutes, instantly, within an hour or next business day depending on method. | Payments to enrolled recipients are typically available within minutes. |
| Transfer tracking | Yes | Yes |
Plans
TransferGo
- Free multicurrency accountPrice not published
- International bank-account transferPrice not published
- International card transferPrice not published
- Currency exchangePriced on request
- Multi-currency accountFree
- Transfers to bank accountsPriced on request
- Transfers to cardsPriced on request
- Virtual GoCardFree
In their own words
TransferGo
TransferGo is a mobile service for international transfers and multi-currency balances, with transfers available to over 160 countries. Recipients can receive money through bank accounts, payment cards, e-wallets, and cash transfers. TransferGo lists instant transfer speed, while its plan details also state next-business-day delivery for bank-account transfers. Bank transfers start from 0.2%, and card transfers start from 0.2% with possible third-party fees. Currency exchange starts at 0.5%, or 0.2% for exchanges within the account. The multi-currency account has no setup or monthly costs and supports GBP, EUR, PLN, and RON balances. Users can see fees upfront and track transfers. Registration can be completed online on a computer as well as through the Android and iOS apps. TransferGo says it uses end-to-end encryption and safeguards transfers so money can be returned if a transfer fails. It is regulated under EU and UK law and authorised by the FCA as an EMI. Customer service is available in English and nine other languages.
Zelle
Zelle lets people send, request and receive money through participating banks’ and credit unions’ apps or online banking. It is available in more than 2,400 such apps, as well as on Android, iOS and the web. Users can address payments to an email address or U.S. mobile number; eligible small business accounts can also use Zelle tags. Transfers are described as instant, and tracking is available. Both parties need eligible U.S. checking or savings accounts, and both must be enrolled for money to arrive in minutes. Eligible small businesses can request or receive customer payments and send money to customers, vendors and employees. Sending and receiving limits are set by each financial institution. Zelle says payments to enrolled recipients cannot be reversed, and authorized payments for goods or services that are not received or as described are not covered by a protection program. Consumers typically pay no fee, but should check with their bank or credit union. Any small business fees depend on its financial institution.