Is P2P the same as Zelle?

Are Peer-to-Peer (P2P) transactions and Zelle, a popular digital payment service, essentially the same thing? While both involve transferring funds directly between individuals, they differ in key ways. P2P transactions, often facilitated by platforms like Venmo or PayPal, allow users to send and receive money using a variety of payment methods, including bank accounts, credit cards, and even cryptocurrencies. On the other hand, Zelle is a banking-focused service that connects users' bank accounts to facilitate quick and easy transfers. So, while they share some similarities, P2P and Zelle are distinct payment methods with their own unique features and benefits.