clearXchange is a digital payments network that facilitates P2P, B2C, and G2C transactions for its member banks. It allows people and businesses to securely send money to anyone or receive money from anyone with a U.S. bank account. The digital payments provider works through mobile banking apps from Bank of America, Capital One, Chase, First Bank, US Bank, and Wells Fargo. The network also provides the information its member banks need in order to complete the transactions without any involvement in actual transferring of funds. Launched in 2011, clearXchange enables its users to benefit from bank-level security and privacy through its network.