Chime is a neobank (online-only bank) that offers financial services and products through its mobile app. Chime does not have its own bank charter, but partners with The Bancorp Bank and Stride Bank to provide banking services to its customers.
Zelle is a digital payments network that facilitates peer-to-peer money transfers, enabling users to send and receive money from their bank accounts instantly. Chime is one of the many banks and financial institutions that is a member of the Zelle network, allowing its customers to send and receive money through the platform.
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