P2P payments. (Source: Shutterstock)
Bank-owned P2P network Zelle reported double-digit growth rates in transaction numbers and payment volumes during the first quarter of 2019 and launched a new marketing campaign to fuel more adoption, according to a new release from the company.
Zelle reported that users sent $39 billion through its network on 147 million transactions during the quarter, which represented a 54% year-over-year increase in total payment value and a 72% year-over-year increase in transaction volume.
Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.
Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking credit union news and analysis, on-site and via our newsletters and custom alerts
- Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, GlobeSt.com and ThinkAdvisor.com
Already have an account? Sign In Now
© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
