The most popular money transfer app (think Zelle), with about 80% or so of the market last I checked, iscalled Bit and operated by the largest bank (Hapoalim).

The most popular money transfer app (think Zelle), with about 80% or so of the market last I checked, iscalled Bit and operated by the largest bank (Hapoalim). It will not let you receive money or send it, unless you give it full access to your contacts -- even though it allows sending and receiving from non-contacts. Doesn't feel like there's any real competition there - the other competitors (Pepper and Paybox) don't seem to leave a mark. Hapoalim is definitely leveraging their might for digital dominance.