Venmo just settled with the FTC over allegations it misled users — and I found the little-known app that will replace it once and for all

Venmo and other mobile payment apps have changed the way many of us spend — and send — money. PayPal, Inc., which owns Venmo, recently settled with the Federal Trade Commission over allegations that it misled users in multiple ways. A lesser-known service called Zelle operates similarly to Venmo, but with distinct benefits.