US banks' Venmo alternative, Zelle, moved $75B last year in peer-to-peer payments, up from $55B the year prior, and says nearly 100,000 people enroll daily
Seems like Zelle's thesis—young people can use venmo, but we'll target older non-venmo users—is correct. But longer term trends—younger people making & sending more $, realtime payments in the US—are in Venmo's favor http://twitter.com/...
This is surprising, I've tried Zelle a few times and none of the transactions ever went through properly (and it did a bad job of telling me that too) http://twitter.com/...