Zelle, Fiserv partnership offers P2P payments to banks and credit unions

Monday 12 October 2020 12:25 CET | News

Fintech solutions provider Fiserv has partnered with Zelle, a US-based digital payments network, to advance P2P payments to banks and credit unions, Mobile Payments Today reports.

More than 200 banks and credit unions in 2020 have gone live on the Zelle Network via Fiserv to enable person-to-person payment capabilities for financial institutions, according to a press release.

Zelle consumers can send and receive money directly from one US financial institution account to another, typically within minutes, when both parties are already enrolled.

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Keywords: Zelle, Fiserv, US, banks, credit unions, payment network, P2P payments, fintech
Categories: Banking & Fintech
Countries: United States
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Banking & Fintech

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