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Zelle (Early Warning Services) logo

Zelle (Early Warning Services)

US bank-owned real-time P2P payments network

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About

Zelle is a US peer-to-peer and account-to-account payments network operated by Early Warning Services, a consortium owned by seven major US banks including JPMorgan, Bank of America, and Wells Fargo. It moves hundreds of billions of dollars annually directly between bank accounts and is exploring stablecoin and international expansion as bank-led alternatives to card and crypto rails develop.

Bank-owned network whose owners have reportedly explored a joint bank stablecoin.

Key products

Zelle P2P transfersZelle for business
Founded
2017
HQ
Scottsdale, Arizona, USA
Stage
Private (bank consortium)
Funding
Owned by Early Warning Services (7-bank consortium)

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