Zelle plans to roll out its peer-to-peer payment network in India later this year as its first step outside domestic borders

ByThe Associated Press

June 11, 2026, 8:57 AM

NEW YORK - Peer-to-peer payment service Zelle will begin operations in India later this year, representing the network's first venture abroad since its debut almost ten years earlier.

Early Warning Services, which runs the Zelle network, described India as a logical entry point for global growth. Data from India's central bank shows that about one-third of annual remittances to the country originate from the United States.

Early Warning Services intends to enter additional overseas markets over time. In tandem with the India rollout, the firm announced plans to introduce a U.S. dollar-backed stablecoin called ZelleUSD to support transactions in future international locations.

Since its start nine years ago, Zelle has grown into a leading option for Americans transferring funds straight from bank accounts. Users including consumers and small businesses moved over $1.2 trillion via the service during 2025, per Early Warning Services.

Zelle's expansion has encountered obstacles along the way. The network has drawn ongoing attention regarding fraud and unauthorized transactions, highlighted by a Consumer Financial Protection Bureau suit filed in December 2024. That case ended with prejudice in March 2025 once the Trump Administration assumed control of the bureau and scaled back enforcement against financial firms.

A follow-up action brought by New York Attorney General Letitia James on comparable claims continues to proceed through courts in New York.

EWS is owned jointly by seven major U.S. banks such as JPMorgan Chase, Bank of America and Wells Fargo.