Zelle's standalone app will no longer support money transfers starting tomorrow, as less than 2% of transactions occur through it. The service is primarily integrated into bank apps, reflecting Zelle's growth alongside financial institutions. Zelle's move aims to cut costs and streamline operations, encouraging users to conduct transactions through their banks instead. For those whose banks do not offer Zelle, alternative apps are available for both domestic and international transfers, highlighting the importance of using secure platforms and being cautious with transactions to avoid scams.
Starting tomorrow, the Zelle standalone app can no longer be used for money transfers due to low transaction volume, encouraging users to utilize bank-integrated options instead.
Zelle's standalone app has become redundant as banks now provide the service directly, leading to a significant decline in its usage, with around 2% of transactions currently handled through it.
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