Payments News


Gift Transactions on Zelle Prompt Chase to Roll Out Gift Cards for Mobile And Digital Users

“Features include the ability to add a short message, track which cards were sent and for how much, and schedule special events, such as a recipient’s birthday. Values allowed range from $5 to $100, and the recipient can spend the cash immediately upon receipt. The bank is not charging a fee for the service, but the sender must use the recipient’s email address. “No other bank has something quite like this.” says a Chase spokesperson by email.”