To make it more convenient for its customers to send money using Zelle, the major peer-to-peer payment network operated by Early Warning Services LLC, Bank of America Corp. has developed a Zelle widget that can be added on the home screen of a mobile device. The widget will take BofA …
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Klarna Extends BNPL to Non-Klarna Merchants; Zelle Tallies $127 Billion in Transactions; EVO Revenue up 15.4%
Small-Business Payments And Disbursements Help Fuel Zelle’s Q3 Growth
Building on its strategy of expanding beyond peer-to-peer payments, Zelle, the P2P network operated by Early Warning Services LLC, processed $127 billion on 466 million transactions during the third quarter of 2021. Overall, the dollar value of payments sent during the quarter increased 51% from the same period a year …
Read More »Digital Payments Growth Boosts Global Payments; Expect More BNPL Shopping; Jack Henry’s Zelle Incentive
Jack Henry’s Zelle Incentive and other Digital Transactions News briefs from 11/2/21
Jack Henry & Associates Inc. and Early Warning Services LLC, the Zelle operator, announced a rebate program through June 2022 for minority-owned depository institutions that enable Zelle via Jack Henry’s JHA PayCenter, its faster payments hub.Prepaid Technologies Co. Inc. said it raised $96 million in its latest funding round that it will use …
Read More »Mastercard Volumes Accelerating; PayPal Touts ‘Aggressive’ Play for Merchants; Zelle Volume up 68%
Zelle Volume up 68% and other Digital Transactions News briefs from 7/29/21
The Zelle peer-to-peer payment network processed $120 billion on 436 million transactions in the second quarter, up 58% and 68%, respectively, year-over-year, according to network operator Early Warning Services LLC.Card-present transactions at small businesses are up 83% over the pre-Covid baseline of March 2020, according to the latest CardFlight Small Business Report. The …
Read More »Larger Sellers and Bitcoin Affect Square Results; Zelle’s Ambitious Outlook; Plus Weekly Recap
After a Robust Q1, Zelle Says It is ‘Just Scratching the Surface’ When It Comes to P2P Payments
Despite posting significant gains in dollar and transaction volume in the first quarter, Zelle, the fast-growing peer-to-peer network operated by Early Warning Services LLC, says it has just begun to mine P2P payments’ growth potential. Earlier this week, Zelle announced $106 billion was sent through its network on 392 million …
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