Early Warning Services submitted a comment letter today responding to the U.S. Department of the Treasury’s Request for Information regarding the transition to electronic payments for all federal disbursements and receipts. Early Warning’s comment letter detailed the critical benefits it can provide Treasury through Zelle, including: Scale: Zelle reaches more than 150 million enrolled user accounts, which is equal to more than the combined population of California, Texas and Florida. Security: Zelle removes a risk vector that paper checks present. There is no need to collect or store sensitive account and routing information because Zelle is already embedded within U.S. bank accounts. Safe: Today, more than 99.95 percent of all Zelle transactions are completed without any report of scam or fraud. Treasury checks are 16 times more likely to be reported lost or stolen, returned undeliverable, or altered than digital payments. Speed: Reliance on paper checks slows access to funds and burdens recipients, especially those with limited mobility or transportation. With disbursements using Zelle, funds can be delivered in minutes to an enrolled recipient’s verified bank account.