FinTech News
Zelle Pilots Potential Bill Pay Feature with Truist Bank
The popular bank-backed peer-to-peer payment platform Zelle is now set to explore other payment options.
About the Zelle-Truist Bill Pay Pilot:
Today, Zelle announced a new pilot program in partnership with Truist Financial Corp. Specifically, this pilot will evaluate the usefulness of Zelle for paying bills, such as recurring credit card payments.
As Zelle notes, more than $1.2 trillion was sent using the platform last year. In turn, last month, the platform introduced its Zelle Forward initiative, which focuses on ways the service could expand. While it mentions that this initial pilot will look at credit card payments, there’s potential to expand to other bill types such as rent, utilities, wireless service, auto payments, and more.
The goals of this test (as stated by Zelle) are to improve certainty about when bill payments are received, eliminate the need for customers to share account numbers with third parties, and more. Conversely, the platform says that traditional bill payment methods often have processing delays, which can lead to delayed payments. In turn, these late payments may result in extra fees or interest for consumers.
This new bill pay capability will first be offered to Truist team members, with consumer availability expected later.
What They’re Saying:
Commenting on the idea for this pilot program, Truist’s head of Enterprise Payments Chris Ward explained, “The problem with bill pay isn’t speed — it’s certainty. Trust is built on knowing when a payment is received and how it posts, which is why we apply simplicity, speed, safety and smart execution, with a purpose-driven commitment, to meet this high‑frequency household need.”
Ward continued, “Early testing aims to demonstrate how real‑time confirmation and alias‑based payments can deliver clearer outcomes for consumers and more predictable flows for billers.”
Meanwhile, speaking to the larger Zelle Forward program, Zelle’s GM Denise Leonhard stated, “Zelle Forward is about pushing beyond what’s possible today and we are proud to partner with Truist on this latest effort. We’re focused on solving real problems – like the friction that comes with paying bills – and delivering a fast, reliable experience that consumers and businesses can count on.”
My Thoughts:
Zelle’s popularity continues to blow me away. Now that it has proven itself as a viable P2P platform, it only makes sense that they’d expand into other types of payments.
Of course, the irony is that some of the processing delays they speak of apply to a few of the legacy institutions that are part of their platform. For example, I was recently shocked to find that a bank we use wouldn’t allow for an IRA transfer after 2 p.m.! Moreover, we’ve run into issues where we need to schedule a payment several days early due to bank holidays or weekends. These seem like old school problems that I’m surprised still exist in 2026 — yet they’re also ones that shouldn’t require Zelle to fix!
Nevertheless, I’m interested to see how these early pilots with Truist go and how quickly Zelle might be rolling out new capabilities to other customers. What’s more, with Zelle Forward less than two months old, I’m excited to discover what other expansions they can cook up.
Author
Other Articles by Kyle Burbank
Credit Card News
Credit Card News
Barclays and Barnes & Noble Renew Credit Card Partnership
Two decades after forming their credit card partnership, Barclays and Barnes & Noble have reached a deal to extend it once again. About the Barclays-Barnes & Noble Co-Branded Program and Extension: Today, Barclays US Consumer Bank and the popular book retailer Barnes & Noble announced an extension of their credit card partnership. Formed in 2026, this agreement was last renewed in 2022. The terms of this extension were not shared....
Financial
