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US Bank Gets Corporates On Board With Zelle

PYMNTS

Zelle , the peer-to-peer (P2P) payments platform deployed by more than a dozen financial institutions to take on competing offerings like Venmo and Square Cash, is stepping into the world of corporate payments through a new offering by U.S. The bank announced news on Wednesday (Nov. The bank announced news on Wednesday (Nov.

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PayPal And Discover Partner For Rewards, Payments

PYMNTS

PayPal and Discover have joined forces to allow customers to use the credit card’s Cashback Bonus or Miles to buy things through PayPal, according to a Monday (Nov. Discover also recently tied up with the Zelle network for person-to-person (P2P) money transfers. 25) press release. .

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12 Ways Consumers Will Pay (And Be Paid) In 2020

PYMNTS

For starters, Zelle ’s Q3 results showed that its year-over-year payment values increased by 58 percent, while transaction volumes rose by 73 percent. In addition, Early Warning Services, the network operator behind Zelle, announced that $49 billion was sent through the Zelle network via 196 million transactions during Q3 2019.