Forgot Your Checkbook? No Cash on Hand? No Problem! U.S. Bank Introduces Zelle Innovation to Customers with June 17 App Release
June 12 2017 - 9:00AM
Business Wire
U.S. Bank is integrating Zelle℠ – the fast, easy and secure new
way to move money -- into the U.S. Bank Mobile App and U.S. Bank
Online Banking, making it easier for customers to send money to
others without the need for cash or checks. Zelle will appear in
the U.S. Bank Mobile App and on usbank.com starting June 17. The
service will be free for U.S. Bank customers.
“We’ve all had that moment when you need to pay someone but you
don’t have cash on hand or you left your checkbook at home,” said
Gareth Gaston, executive vice president and head of Omnichannel
Banking at U.S. Bank. “Maybe you’ve come across a fantastic
collector’s item at a yard sale. Maybe your niece or nephew asked
you to contribute to their fundraiser, but they need the money
sooner than the next time they’ll see you, or faster than a check
could arrive. Maybe you forgot to swing by the ATM on your way home
from a night out and you realize you don’t have cash to pay the
babysitter. Today, with Zelle, U.S. Bank customers can quickly send
money to almost anyone in the country using only their mobile
number or email address. Zelle truly creates possibilities that
might otherwise be missed.”
Gaston will announce the upcoming launch of Zelle on June 14 at
the Digital Banking Conference in Austin, Texas, where he is
speaking about the work U.S. Bank is doing to transform banking
through innovations such as Zelle.
Zelle is backed by a large and growing number of financial
institutions, which means U.S. Bank customers can send money to
family and friends even if they bank elsewhere. The capabilities of
Zelle are embedded in the U.S. Bank Mobile App and Online Banking,
so customers don’t have to leave the security of their bank to send
money. Payments are sent using either a registered email address or
mobile number, which means customers never have to share their
account information. Zelle payments typically complete in just
minutes, moving directly and securely from account to account with
no stops in between.
“We’re moving digital payments to the mainstream,” Gaston said.
“Moving money faster, more safely and conveniently is important to
a broad range of customers. It’s not just for millennials. For a
growing number of people who are using their mobile devices for
just about everything these days, Zelle is a natural fit.”
Known for its ethical and influential leadership in
financial-services innovation, U.S. Bank was one of the first banks
to sign on to Zelle. U.S. Bank stays on top of emerging trends for
the benefit of its customers, offering them the opportunity to bank
when, where and how they want.
Minneapolis-based U.S. Bancorp (NYSE: USB), with $450 billion in
assets as of March 31, 2017, is the parent company of U.S. Bank
National Association, the fifth-largest commercial bank in the
United States. The company operates 3,091 banking offices in 25
states and 4,838 ATMs and provides a comprehensive line of banking,
investment, mortgage, trust and payment services products to
consumers, businesses and institutions. www.usbank.com
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version on businesswire.com: http://www.businesswire.com/news/home/20170612005244/en/
U.S. Bank Corporate CommunicationsTeri Charest,
612-303-0732teri.charest@usbank.com@usbank_news
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