Person-to-person (P2P) payments are not a fad. Financial institutions large and small across the United States are launching Zelle® every week. The current environment has forever changed the dynamics of paying people.
Zelle is a P2P payments solution created for financial institutions of all sizes. You do not have to look far to find a bank or credit union that offers Zelle. Nearly 70 percent of financial institutions offering Zelle through Fiserv have less than $1 billion in assets.
At Fiserv, we’ve seen triple-digit growth in Zelle transactions year after year. This is the acceleration of a 20-year trend: Anything that can be done digitally will be, including paying people.
Why offer Zelle? Here are just a few of the reasons:
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