What are person-to-person payments?
Person-to-person payments, also known as P2P, are electronic payments between two accounts, even if one of those accounts is not yours. You can send money online and receive money online without having to exchange banking information – all you need is an email address or mobile phone number. AbbyBank offers People Pay through your online banking and mobile banking app. Pay a friend or send money to a family member, landlord, babysitter or anyone using our free, secure and convenient platform.
How can I instantly send money online to a friend?
It’s free, easy and convenient to pay a friend online using People Pay. All you need is an AbbyBank online banking account. Once logged into your online banking or mobile banking app, choose ‘People Pay’. Then you can choose to send money through an email, mobile phone number or deposit directly into the recipient’s bank account.
How does People Pay work?
How it works is simple. You can pay anyone directly from your AbbyBank online banking or mobile app without writing out a check. Create a payee, determine how you want to send the funds by using the recipient’s email address, cell phone number or deposit directly into their bank account and submit the transaction. Sending money to a friend, family member or landlord using AbbyBank’s People Pay, does require the sender to have an AbbyBank checking account. The receiver of the funds does not need to be an AbbyBank customer. Sending and receiving money through People Pay is free!