Bank of America's Use of Zelle Widens Lead Over Traditional Checks in Online Payments
Tuesday, 16 July 2024, 17:52
Bank of America CEO Highlights Zelle's Digital Payment Dominance
Bank of America Corp. is expanding its digital banking footprint, with Zelle surpassing traditional checks in the online payment realm.
Steady Growth in Second Quarter
In a statement, CEO Brian Moynihan acknowledges the increasing preference for digital transactions, solidifying Zelle's leading position.
- Zelle's Domination: Outperforming traditional check payments
- Shifting Landscape: Rise of digital transactions
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