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Gift Giving Helps Zelle® Wrap Up 2019 with Double Digit Growth
- $56 billion in payments processed on 230 million transactions during Q4 2019; growth of 14% and 17%, quarter-over-quarter, respectively.
- $187 billion in payments processed on 743 million transactions in 2019; growth of 57% and 72% year-over-year, respectively.
- Consumers Prefer Money Instead of Physical Gifts Bringing 2019 to a Successful Year End Close1.
Zelle® Announces $39 Billion in Money Sent on 147 Million Transactions
- Year-over-Year transaction values increased 54%; Year-over-Year transaction volume increased by 72%.
- Core processor partners sign 139 regional banks and credit unions onto the Zelle Network® in Q1 2019.
- New Marketing Campaign Illustrates how Zelle makes “Everyday Better” for All Generations.
Zelle® Ends 2018 with its Strongest Quarter on Record
- $119 Billion in payments and 433 million transactions processed in 2018.
- $35 Billion in payments and 135 million transactions processed in Q4 2018.
- Strategic core processor partnerships led to more than a hundred Community Banks and Credit Unions joining the Zelle Network® in the year’s final quarter.
Make Room Millennials, Zelle® Study Finds Generation X and Boomers Driving Broader Adoption of Person-to-Person (P2P) Payments
Early Warning Services, LLC, the network operator behind Zelle, today released the results of its second Digital Payments Adoption Study (“study”).
Show Them the Money: 2019 Top Holiday Gifting Trends by Zelle®
- The More the Merrier—81% of Consumers Surveyed Have Given Group Gifts.
- Money is the #1 Preferred Holiday Gift.
- Across Generations, More Gen Z'ers (66%) Prefer Money as a Gift Followed by Millennials (61%).
Zelle® Announces Q3 2019 Results; $49 Billion Sent on 196 Million Transactions
Year-over-year payment values increased by 58%; Year-over-year transaction volume increased by 73%.
Zelle® Announces $44 Billion Sent on 171 Million Transactions in Q2 2019
Year-over-Year transaction values increased by 56%; Year-over-Year transaction volume increased by 71%.
Zelle® is Money in the Bank: Digital Payment Service Replaces TBT’s Oversized Check
Zelle® named Official Partner of The Basketball Tournament.
Consumers and Small Businesses Significantly Increase Use of Zelle® in 1st Half Of 2020
Physical distancing requirements continue to drive strong adoption of Zelle, with enrollment growing 17% over the prior year.
- $133 Billion sent on 519 million transactions in the first six months of 2020.
- Consumers use Zelle to share costs for utilities, pay rent, give gifts, send charitable donations, and money to friends and family in need as well as receive disbursements.
- Seven financial institutions, reaching approximately a third of the small businesses in the U.S., now enable their small business customers to accept payments with Zelle.
Zelle Network® Exceeds One Billion Payments in 12 Months, Setting a New Record for the Payments Network
- Third Quarter Growth: $84 billion in payments processed on 323 million transactions during Q3 2020; growth of 18% and 17%, quarter-over-quarter, respectively.
- Small Business: $4.5 billion in payments were sent to U.S. small businesses in Q3, an increase of more than 30% from the prior quarter.