Zelle App Is Gone. Use These Alternatives to Send Money Digitally [CNET News]

PayPal Holdings, Inc. (PYPL)
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Source: CNET News
That doesn't mean you can't use Zelle altogether, however. Zelle has only discontinued its standalone app. You can still send money using Zelle if your bank belongs to the Zelle network. You'll just need to do it through your bank's app or website. You also have other services to choose from. Here's what you need to know about this change and your options moving forward. Why the Zelle app is shutting down When Zelle launched in 2017, only about 60 US financial institutions offered the service by the end of that year. Today, that number exceeds 2,200. As a result, less than 2% of Zelle transactions occur through the standalone app. Zelle has been phasing out the ability to make transactions on its mobile app since October 2024. "Today, the vast majori
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- PayPal Holdings, Inc. (NASDAQ: PYPL) had its price target lowered by analysts at Barclays PLC from $110.00 to $80.00. They now have an "overweight" rating on the stock.MarketBeat
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- PayPal Holdings, Inc. (NASDAQ: PYPL) had its price target lowered by analysts at Bank of America Co. from $103.00 to $93.00. They now have a "buy" rating on the stock.MarketBeat
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