In Q4 2019, the Zelle Network® processed 230 million transactions, totaling $56 billion in money sent — an increase of 14% and 17% quarter-over-quarter, respectively.

More than half of consumers sending money withZelle® are ages 25-54, part of both the Millennial and Generation X demographics, while boomers, ages 55- 72, have recently increased their overall use of Zelle®.

According to the latest Zelle® data, more than one third of adults, aged 55-74, shared they are concerned about their risk of being targeted by financial scams or fraud.

In the first six months of 2020, $133 billion on 519 million transactions was sent through the Zelle Network®. Read how consumers used Zelle® to share costs for utilities, pay rent, give gifts, send charitable donations, and money to friends and family in need as well as receive disbursements

Real-time settlement of Zelle® transactions on the RTP® network enables expanded uses cases and increases efficiency of P2P, small business and disbursement payments for participating financial institutions; PNC Bank and U.S. Bank first to pilot the integration

"Today, more than 1,000 banks and credits unions are currently contracted to participate on the Zelle Network®, including 731 that are live today and processing transactions,” said Al Ko, CEO of Early Warning Services, LLC.

Zelle® has partnered with celebrity TV host and Queer Eye star Karamo to give away a total of $75,000 this holiday season through the Zelle® “Send Cheer” contest.