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- Each day a specific scam is featured with tips to avoid becoming victims.
- PSA videos on TikTok and Instagram.
- Zelle® Financial Education Center supplies resources and tips for safe digital payments.
- Year-over-year Growth: Sent payment values increased by 59%, while transaction volumes increased by 49%.
- Business Payments Emerge as Key Use Case: Companies adopt Zelle® in 2021 for various use cases; 162% year-over-year increase in payments received by small businesses.
- Market Leader: Total payments value double those of closest P2P competitor, according to Aite-Novarica Group.
Zelle® has teamed up with the Detroit Pistons to help Detroit's community invest in their financial future and learn how to protect themselves from fraud and scams.
Jack Henry & Associates, Inc. (NASDAQ: JKHY), a leading provider of technology solutions and payment processing services primarily for the financial services industry, announced today that it is partnering with Early Warning Services, LLC, the network operator behind Zelle®, to make faster payments more readily available for minority-owned depository institutions (MDIs).
- Disbursements and Small Business Represent Growing Use Cases as Consumer Demand for Zelle® Expands Beyond Peer-to-Peer (P2P) Payments.
- Small Businesses Receive Over $11 billion and Send $17 billion with Zelle®.
- Disbursements with Zelle® increases 28% Year-over-Year with Half a Billion Dollars Sent in Q3.
Banesco USA customers can now look for Zelle® in their BanescoMobile banking app to send money to friends and family, wherever they bank in the U.S. Money sent with Zelle® goes directly from one bank account in the U.S. to another, using only a recipient’s email address or U.S. mobile number. Funds are typically available within minutes when both parties are already enrolled with Zelle®.
Zelle®and Oprah Daily have teamed up to give back to deserving teachers during two special episodes of Oprah Daily’s series, The OG Chronicles.
- Nearly 1700 financial institutions (FIs) signed on to the Zelle Network®, representing 74% (577 million) of all U.S. DDA accounts.
- Credit unions and banks under $10 billion in assets are driving growth, representing 40% of FIs in the Zelle Network®.
- Small businesses and consumers sent 436 million payments worth $120 billion with Zelle® in Q2 2021.
- 392 million payments worth $106 billion sent over the Zelle Network®.
- Zelle® Small Business achieves 180% year-over-year growth.
- Investing in Consumer Education continues to be a priority as digital banking adoption grows.
Through its Pay It Safe initiatives, Zelle® helps educate consumers on protecting themselves and their money:
- Only send money to those you trust.
- Beware of payment scams.
- Treat Zelle® (or any digital payment system) like cash.