Early Warning Services, an industry-leader in real-time payment, authentication, and risk mitigation, has announced that financial institutions in the Zelle Network processed more than 170 million person-to-person (P2P) payments in 2016, totaling USD 55bn in aggregate transaction value, the...
Zelle Network , a payment network that enables email and mobile payments , processed over 100 million person - to - person payments in 2016 , according to real - time payment service provider Early Warning Services . The payments add up to $ 55bn in total revenue . The Zelle Network includes 20 banks and credit unions and could reach about 85 million customers in the US through its partners ’ banking apps .