Venmo alternative Zelle moved $75B last year, says 100,000 people enroll daily

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	Venmo alternative Zelle moved $75B last year, says 100,000 people enroll daily (techcrunch.com)
	3 points by benp84 3064 days ago

1 comments

Anyone else find these numbers ridiculous?

- Google Play Zelle app has ~500k downloads and a 1.7 rating

- ZellePay.com U.S. Alexa rank = 6,505; Venmo.com = 757

- $75B/247M payments = $304 avg transaction??

Zelle is built into most major bank apps. It has its own app, but most people will use it through their bank’s app.

The numbers are sane.

So they're calling "finding Zelle already on your phone" a "signup"?

Not sure. I’d assume it’s intiating a signup in app immediately prior to a transaction commencing.