Zelle’s transfer volume is pulling away from Venmopic.twitter.com/uEM7ZQxadn
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| Country | Code | For customers of |
|---|---|---|
| United States | 40404 | (any) |
| Canada | 21212 | (any) |
| United Kingdom | 86444 | Vodafone, Orange, 3, O2 |
| Brazil | 40404 | Nextel, TIM |
| Haiti | 40404 | Digicel, Voila |
| Ireland | 51210 | Vodafone, O2 |
| India | 53000 | Bharti Airtel, Videocon, Reliance |
| Indonesia | 89887 | AXIS, 3, Telkomsel, Indosat, XL Axiata |
| Italy | 4880804 | Wind |
| 3424486444 | Vodafone | |
| » See SMS short codes for other countries | ||
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Zelle’s transfer volume is pulling away from Venmopic.twitter.com/uEM7ZQxadn
interesting, my experience is that a lot of people use zelle for low-frequency, high value transactions like rent. Venmo is high frequency low value like splitting a meal
Quite possible. Venmo unfortunately doesn’t release their transaction numbers.
Average Zelle transfers have fallen from $400 to $300 last year, which seems a sign of reaching either a less affluent demographic or being used for different situations
Either way, Venmo and Square Cash are dumb products which only exist because American banks and regulators are notoriously slow
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