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Zelle reports 84% increase in P2P mobile payments

Bank of America, through its P2P mobile payments platform Zelle, says it processed nearly 68 million Zelle transactions in 2017, an 84% increase from the previous year. In Q4 2017, Bank of America handled more than 23 million Zelle transactions, totalling nearly $7 billion, up 91% from Q4 2016. Bank of America is one of [...]

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