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Year-over-Year transaction values increased by 56%; Year-over-Year transaction volume increased by 71%
Zelle® named Official Partner of The Basketball Tournament
• 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
Early Warning Services, LLC, the network operator behind Zelle, today released the results of its second Digital Payments Adoption Study (“study”). It found that 50% of first time P2P users are aged 45 and older. Not just for younger generations, older generations are trialing P2P because of growing confidence and trust in digital payments.
- $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
Early Warning Services, LLC, the network owner and operator of Zelle®, today responded to misleading reports of fraud and scams on the Zelle Network®.
Scottsdale’s Early Warning®, the network owner of Zelle® is welcoming talent across numerous roles - including software engineering, customer service, product, data analytics, marketing, technology, and more.
- Five in Five: Five billion+ transactions and nearly $1.5 trillion have moved across the network since 2017.
- Safe Payments: More than 99.9% of payments are sent without any report of fraud or scams.
- Widespread Adoption by U.S. Financial Institutions: Nearly 1700 banks and credit unions, including minority deposit institutions (MDIs), now offer Zelle® in their apps.
- More than P2P: Disbursements increased 87% quarter-over-quarter; while growth in Zelle® for Small Business resulted in nearly eight million employees, contractors, and customers receiving payments from small businesses.
Network owner of Zelle® and 30-year-old fintech continues legacy in Greater Phoenix
- Mindy Kaling - writer, producer and actor
- Zelle® a fast, safe, and easy way to send money right from your banking app