ZBA is a checking account with a balance of $0 maintained by automatic transfers. Funds are transferred from master account when needed, daily deposits swept back. Used by corporations for payroll, petty cash, and departmental spending control
Zelle is a peer-to-peer payment solution for quick, free money transfers. Users sent $490 billion on 1.8 billion transactions in 2021. Nearly 3,000 financial institutions joined the Zelle network
Secure payments app for UPI transfers and mobile recharges. Multiple layers of security from bank and Google. Bill payments across India through biller accounts. Prepaid mobile recharge and DTH connection management. Bank balance checking without visiting bank
North One offers business banking with 24/7 access and mobile integration. Plaid powers financial systems with 12,000+ institutions worldwide. Sila provides Banking-as-a-Service with developer-friendly payment API. FPS GOLD serves financial institutions for over 55 years
ACH transfers enable electronic fund movement between financial institutions. ACH credit transfers push funds from one account to another. ACH debit transfers withdraw funds from one account. Common uses include direct deposits, bill payments, and company-to-company transfers
BaaS provides banking products to non-bank third parties through APIs. Services must comply with banking laws and include security measures. Fintech companies can compete directly with traditional banks