1099 reporting with Zelle

"Does Zelle® report how much money I receive to the IRS?

zelle® does not report transactions made on the zelle Network® to the IRS. The law requiring certain payment networks to provide forms 1099K for information reporting does not apply to the zelle Network®."


If so, my my college son would be getting a 1099 for the money I send him for college expenses.  

Paypal friends and family also does not send a 1099.