Overview
- Zelle officially shut down its standalone app on April 1, 2025, citing low usage and cost-saving measures.
- The app accounted for only 2% of Zelle transactions, as most users access the service through their banks' applications.
- Users who relied on the standalone app must now re-enroll with a participating financial institution to continue using Zelle.
- Zelle processed a record-breaking $1 trillion in payments in 2024, leveraging its bank integrations for instant, fee-free transactions.
- The platform remains operational through over 2,200 financial institutions, maintaining its dominance in the peer-to-peer payment market.