
Bank of America Chairman and CEO Brian Moynihan talks about the expected forecasts of policy and regulations change, the economic future for 2025, bank growth, fee trajectory and investment in artificial intelligence.
Zelle Network terminated its cash transfer service with a standalone application on Tuesday and redirected users Over 2,200 banks Credit associations that already provide services instead.
When you try to sign in to the app, users will encounter a message saying “We can no longer send and receive money.”
“You will be able to log in until August 11th, 2025,” the pop-up continues, Send or receive money. To continue using Zelle®, please register with one of the over 2,200 mobile banking apps that offer Zelle®. ”

Hallmark Cash Cransfer Services at Zelle App closed Tuesday. (Thiago Prudencio/SOPA Images/Lightrocket via Getty Images/Getty Images)
The news isn’t a surprise. In fact, the prevalence of financial institutions offering Zelle’s services on its own platform has pushed users away from standalone apps, the company said. Released October 31st -That was why they chose to pull the plug into it.
As of Tuesday, only 2% of Zelle users were still making cash transfers via the standalone app. The majority access payment networks through their preferred financial institutions.
Amazon will bid to buy Tiktok as the deadline is approaching
Although it is no longer available for financial transactions, the Zelle app is still available and accessible. However, the remaining lifespan is spent as a directory of consumer education platforms and banking apps that provide services.

Zelle displays notes that redirect users to your financial institution’s online banking platform upon signing in. (Screenshot)
Released in 2017, Zelle quickly became one of the biggest Payment Processing App The market has a north user base of 151 million people.
Click here to get your Fox business on the go
Most users who have already accessed Zelle through online banking will not be affected by app shutdowns, the company said in an October release.