Today, Addition Financial Credit Union announced that Zelle®, the person-to-person payment network that reaches more than 150 million enrolled user accounts in America, is now live in both its online banking experience and mobile app, offering convenient digital payments to its more than 190,000 members.
“Addition Financial continues to deliver cutting-edge digital banking tools that make our members’ financial lives easier and more convenient,” said Kevin Wright, Chief Information Officer at Addition Financial Credit Union. “Launching Zelle® within our new Lumin powered digital platform ensures our members can send and receive money quickly and securely – while still taking advantage of ever-evolving tools and resources on the Addition Financial website and mobile app.”
The Zelle® network connects over 2,300 banks and credit unions of all sizes. In 2024, Zelle®surpassed more than $1 trillion in total payment volume, the most ever moved using a peer-to-peer platform and processed more than 3.6 billion transactions over the course of the year. Money sent with Zelle® goes directly from one bank account in the U.S. to another using only a recipient’s email address or U.S. mobile number. Funds are typically available within minutes when both parties are already enrolled with Zelle®. Consumers who are not enrolled and receive a payment notification or a request for payment can enroll through a participating financial institution. Consumers should only use Zelle® to send and receive money with friends, family, and people they know and trust.
Addition Financial’s best-in-class digital banking experience, built in partnership with Lumin Digital, delivers next generation convenience, enhanced security, and personalized insights to its members. Today, more than 99.95% of Zelle® transactions are completed without any report of fraud or scam. Integrating Zelle® into Addition’s platform will enable fast and easy peer-to-peer transfers alongside features like remote deposit, real-time alerts and spending insights.