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Forbes: New Payment Service Using Same Tech As Zelle And Venmo Will Cut Out Visa And Mastercard Fees

August 26, 2022 | 0 min read

Forbes
New Payment Service Using Same Tech As Zelle And Venmo Will Cut Out Visa And Mastercard Fees
By Emily Mason
August 26, 2022

Screen Shot 2022 08 26 at 3.45.47 Pm

“The Sionic and MX announcement is likely to be warmly embraced by Google Wallet, which abandoned its own efforts known as Google Cache and Google Plex to provide a direct pay-by-bank option,” CEO and founder of payments firm Crone Consulting, Richard Crone, said.

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