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U.S. banks’ Venmo alternative, Zelle, moved $75B last year, says 100,000 people enroll daily

U.S. banks’ Venmo alternative, Zelle, moved $75B last year, says 100,000 people enroll daily
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 Zelle, U.S. banks’ answer to mobile payment services like PayPal and Venmo, claims that nearly 100,000 consumers, on average, are signing up for its service per day. The company also painted a picture of growing traction, noting it processed over 247 million payments in 2017, an increase of over 45 percent year-over-year, totalling $75 billion in peer-to-peer payments, up from $55… Read More


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