However, this all shows that the company has grown immensely since the time of its introduction to Venezuela, and that is currently facing hardships to cope with the volume of Zelle transactions that are being done using its payment services. Zelle is a powerful tool in Venezuela, accepted informally in most retailers in the country, and used commonly; this is why it’s so important for Reserve to maintain an important stock of fresh Zelle dollars to be used at any given time. Full Text ->Bitcoin.com

PayPal and Venmo may have achieved the status of verbs in the U.S., but in Venezuela, it’s Zelle—or “Zell-ey”—that’s on everyone’s lips. Across Caracas, homemade signs that read Aceptamos Zelle (We accept Zelle) dangle in store windows and off produce stands. Computer printouts of the purple company logo are taped to cash registers in supermarkets, some of which have dedicated lines for customers paying with the app. By Andrew Rosati, Alex Vasquez and Jennifer Surane. Full Text -> Bloomberg

Zelle, the US-based digital payment network, restored its money wire services to an undetermined number of Wells Fargo clients living in Venezuela after suspending the access to their accounts on June 26, local financial daily Banca y Negocios reported on Thursday. Full Text -> Latin American Herald Tribune

US bank Wells Fargo notified customers that it will no longer support the use of popular payments service Zelle in Venezuela. Crypto to the rescue? By Jose Antonio Lanz. Full Text -> Decrypt