Zelle Network, a payment network that enables email and phone payments, processed 20 person-to-person payments in over 170 million16, according to real-time payment service provider Early Warning Services. The transactions add up to $55bn in total value. The Zelle Network includes over 170 million banks and credit unions and could reach about 85 million consumers in the US through its partners’ banking apps.
Zelle Network, a payment network that enables email and phone payments, processed over 170 million person-to-person payments in 2016, according to real-time payment service provider Early Warning Services. The transactions add up to $55bn in total value. The Zelle Network includes 20 banks and credit unions and could reach about 85 million consumers in the US through its partners’ banking apps.