Zelle. This is how money moves

 

 

 


Person-to-person (P2P) payments have revolutionized the way consumers exchange money, with the number of users growing rapidly. Once considered a nice-to-have, digital P2P payments have become a must-have solution for financial institutions.

Taking the industry by storm: The adoption of P2P applications is growing at rates U.S. retail banking has not seen since the rush to launch debit cards in the late '80s and early '90s.

     

 

 

Mobile makes all the difference.

     

     

Though P2P payment technology has been around for more than two decades, its recent popularity was spurred by the adoption of mobile phones and tablets.

Mobile P2P transaction value is projected to grow 55 percent over three years.

     

Source: eMarketer Forecast, October 2019

     

P2P payment products are bridging the generation gap

Percentage of consumers who have used online or mobile P2P payment solutions by generation:

Millennials

Generation X

Baby Boomers

Source: Digital Tracker Study, Early Warning Services, LLC, July 2018
 



Zelle Network® by the numbers

 

more than

100,000

enrolling daily

     

 

743 million

transactions in

2019, up 72%

over 2018

     

 

$187 billion

processed in 2019,

up 57% over 2018

     


Source: Zelle Network Reporting


  

 

People who use their financial organizations' P2P service
tend to use more revenue-producing services overall

(Percentage indicating they have the specified number of services at their primary financial organization)

 

     

Zelle not only benefits consumers, but financial institutions as well

Ubiquity for consumers

Customer retention and attraction

Website and mobile app monetization

Fast payments

Cash-expense reduction 


What you get with Fiserv as your partner
 

 Turnkey Service for Zelle

Reduced implementation complexity and fast time to market

     

 Digital money movement specialists

30 billion digital payments annually and more the $75 trillion moved annually

 Experience

Built and enabled P2P payments for more than 2,600 financial institutions

     

 Risk management expertise 

Best-in-class tools and practices


Implementation timing may vary by financial institution


Your consumers want a fast, safe and easy way to send money.
Give them a best-in-class experience with Zelle.

Zelle and the Zelle related marks are wholly owned by Early Warning Services, LLC and are used herein under license.

Have a question for us?

For more information about Turnkey Service for Zelle, call us at 800-872-7882 or contact us at Zelle@fiserv.com.

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