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Zelle chalks up $32B, 116M in payments in Q3

Published 10/23/2018, 03:38 PM
Updated 10/23/2018, 03:38 PM
© Reuters.  Zelle chalks up $32B, 116M in payments in Q3
  • During Q3, 116M transactions occurred on the Zelle Network for a total of $32B in payments, says its parent Early Warning Service.
  • Transaction volume rose 16% Q/Q and total money moved increased 13%.
  • Financial institution participants contributed to an enrollment increase of 10% vs. Q2.
  • Previously: BNY Mellon and Bank of the West in pact for Zelle for commercial clients (Oct. 23)
  • Tickers of banks using Zelle: BAC, BBT, BK,BOH, COF, C, CMA, JPM, HBAN, KEY, MTB, MBFI, MS, PNC, RF, STI, TD, USB, WFC, ZION
  • Now read: Citigroup: And The Beat Goes On


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