Person-to-Person Payments
A Better Way to Send and Receive Money
Send money quickly with our Person-to-Person Payments.
Have you ever needed to pay a friend back for lunch? We’ve made it fast, simple, and secure with our Person-to-Person Payment (P2P). You can send money from your checking account without exchanging checks, cash, or account numbers.
Our P2P feature gives you the option to make payments to individuals in your Digital Banking account to anyone using your smartphone, tablet, or computer. Send money to your kids, relatives, or friends with just a few clicks ‑ no more checks or cash.
P2P payments are a digital cash alternative that makes sending and receiving money as easy as emailing and texting. Whether it’s paying allowance, splitting the check, or sending a birthday gift, P2P payments allow you to quickly transfer money from your existing debit account to almost anybody else’s.
Once you’ve enrolled in Digital Banking, you can get started and be able to transfer money to other people using just an email address or mobile phone number. The other person does not need to be a customer of Better Banks and their bank information will remain confidential.
It’s fast, safe, and free.
How does it work?
- Log in to your Digital Banking account and select Payments, then create a new payee.
- Select payee type as a person, select payment method email, text message, or direct deposit.
- Email or Text message – Recipient provides routing and account number
- Direct deposit – You will enter the recipient’s routing and account number
- For email and text – Create a keyword password, they will use this password when accessing our secure website to submit account information. Share the keyword with the recipient right away.
- The recipient receives a notification with the payment details and enters the keyword and their bank account information to collect the money.
- Funds are received approximately two business days after payment is sent.
- No registration or app download is required to receive the funds.
Start using P2P today and make sending and requesting money easier!
