NewtekOne adds Zelle® to its Real Time Payments Platform for Payroll, Merchant Services, and Inbound and Outbound Electronic Payments
NewtekOne's bank subsidiary, Newtek Bank, N.A., launched Zelle for eligible small business banking clients, adding the network to its real-time payments platform. The launch extends Newtek's broader Newtek Real-Time Payment Solutions initiative, which also includes FedNow and The Clearing House RTP receiving networks and same-day payroll funding through the Newtek Advantage portal.
Key figures
- Zelle sb volume h1
- $200 billion
- Zelle annual volume
- $1.2 trillion
- Network institutions
- 2,400
- Zelle sb accounts h1
- 8.3 million
AI analysis
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