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If Zelle is your go-to app for shipping digital money, it’s time to find a new way. the Digital Payment App shut down on April 1.
That’s not mean that you can’t use Zelle throughout. Zelle just stops the standalone app. You can still send money with Zelle if your bank belongs to the Zelle network. You need to do this through your bank’s app or website. You also have other service options. Here’s what you need to know about this change and your choices keep ahead.
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Why the Zelle App is closed
To launch Zelle in 2017, only 60 US institutions offered by the end service. Now, that number exceeds 2,200. As a result, less than 2% of Zelle transactions occur through the standalone app. Zelle has discharged the ability to create mobile app transactions from October 2024.
“Now, most people use Zelle to send money available through their financial institution experience that these transactions occur,” Zelle said to a October 2024 Press release.
In December, Zelle is in Spotlight when Council’s financial protection the company challenged and three of the maximum US banks for failure to protect consumers from widespread peer-to-peer payment fraud. The case since FALL.
Other Methods of Sending Money to Digital
You can still use Zelle through your bank or website when it belongs to the Zelle Network. You can also switch to another digital payment fee, such as:
- Apple Wallet
- Cash App
- Baypal
- Venmo
Make some basic caution when zelle is used or any other digital payment service. These apps always target for scammers, and Chase Bank began to block Some Zelle payments believe it can be fraudulent. Just send money to people you know and trust, and look for red flags like an urgent message Earn from your bank or an online ad for concert tickets as if it’s impossible to be cheap.
