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Peer-to-peer payments platform Zelle is shifting users away from its stand-alone mobile app in favor of using the platform via banking apps, Zelle's parent company said on Thursday.

Perhaps the most obvious risk of P2P payment apps is accidentally sending money to the wrong person or otherwise making a ...

More than 2,000 banking apps use Zelle to provide customers with a free person-to-person payment system. Each financial institution sets its own sending limits to protect customers’ accounts.

(Reuters) - Peer-to-peer payments platform Zelle is shifting users away from its stand-alone mobile app in favor of using the platform via banking apps, Zelle's parent company said on Thursday.