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BofA: Zelle peer-to-peer transaction volume grows by 79%

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Consumers who send money to family and friends are converting to digital peer-to-peer payments in droves, if Bank of America’s Zelle numbers are to be believed. The bank-owned the peer-to-peer payments network, which launched as a brand in 2017, is growing in adoption, despite the continued popularity of third-party apps like PayPal-owned Venmo and Square’s […]

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