In addition to the $1t milestone, Zelle said 2024 also saw a 23% jump in the total dollar amount sent using the app, with transaction volume at 3.6b, a 25% increase from 2023. The company said 151m consumer and small business accounts are enrolled in Zelle, up 16% from 2023.
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Zelle marks $1t milestone as P2P payment use jumps
“It is the go-to peer-to-peer payment method for millions of hardworking Americans, and this milestone is a testament to the trust they place in us every day.”
