Zelle overshadows Venmo with record payments volume

Zelle overshadows Venmo with record payments volume

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In the battle over U.S. mobile person-to-person payments, Zelle topped Venmo — at least last quarter.   In the third quarter alone, Zelle processed $84 billion on 323 million transactions, the company announced today. The peer-to-peer network processed more than 1 billion transactions over the past year, a new record for the payments network. Meanwhile, PayPal’s […]

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