Business & M&APayment Expert · 2h ago
Zelle, Venmo and Cash App: volume, profit and fraud in US P2P
By Louis Thompsett•October 30, 2026
The brief
Zelle moved an average of $3.4bn a day in 2025, while PayPal and Block are selling debit cards, credit and checkout to Venmo and Cash App users. Americans sent more than $9bn over Zelle on a single day in August 2025, according to the network’s operator, Early Warning Services. That makes Zelle the largest P2P […]
Original report
Payment Expert
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