Competition is good and Papal doesn't have enough of it... but the market seems to be evolving. Here's an article I peeked at earlier this week:
Maybe Zelle could overcome the "everybody has it" barrier to entry if it really ends up integrated into so many major banks online, but I wouldn't expect it to come without fees. Banks like money... so do Apple and FB. I guess Bitcoin is out there too.
My little revolt against PayPal was to add a "mail order" form to the KAHR.US website a few years ago. I've had a total of ONE mail order come in. I also use Square at the pinball shows... it would be great if it were possible to integrate "square payment" buttons as easily as it is to integrate PayPal buttons into a small business website.
-Rob
-visit http://www.kahr.us to get my daughterboard that helps fix WPC pinball resets or for my Pinball 2000 H+V video sync combiner kit