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Zel Network on Tuesday abolished cash transfer services on its standalone application, redirecting users More than 2,200 banks And credit unions have already offered their services.
While trying to sign in on the app, users are met with a message, stating that it is “not available to send and receive money.”
“You will be able to log in by August 11, 2025,” pop-up is going on, “but not Send or get moneyTo continue using Zelle®, please enroll through one of the more than 2,200 mobile banking apps that offer Zelle®. ,
The Hallmark Cash Transfer Services of the Zel app closed on Tuesday. ,
The news does not come as a surprise. In fact, it was the prevalence of financial institutions that offered Zelle’s services on their own platforms, which made users away from the standalone app, the company noted in one. 31 October released – And this was the reason that they chose to pull the plug on it.
Only 2% of the Zel users were still transferring cash through the Standalone app by Tuesday. The vast majority reaches the payment network through their favorite financial institutions.
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Despite not being usable now for financial transactions, the zel app is available and accessible. However, it will spend the rest of its lifetime as the directory of consumer education platform and banking apps that offer its services.
Zelle displays a note that redirects users on the online banking platforms of their financial institutions on sign-in. (Screenshot)
Launched in 2017, Zel quickly became one of the largest Payment apps apps On the market, with a user base to the north of 151 million people.
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Most of its users, who already use zela through online banking, will be unaffected by the shutdown of the app, the company noted in the October release.