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Financial Institutions Joining the Zelle Network® Increased by 40% in 2022
Early Warning Services, LLC, the network operator of Zelle®, announced today more than 1,800 financial institutions (FIs) are part of the Zelle Network®.
- Network Growth: More than 1,800 financial institutions live today – 97% of FIs that joined the Zelle Network® in the last year have under $10 billion in assets.
- Transactions Climb: Consumers and businesses sent 2.3 billion payments with a total value of $629 billion through the Zelle Network® in 2022.
- Safe Payments: More than 99.9% of payments on the network were sent without any report of fraud or scams, and the percentage continues to improve.
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