Send Money Instantly
Send money to family, friends, and small businesses instantly and securely. Use a mobile phone number or email address to pay almost anyone anywhere around the globe, anytime. It's that easy and fast as sending an email or text.
How It Works:
- Provide the recipient's name and email address or mobile phone number.
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Money is instantly sent to the recipient's PayPal account, if one exists. If not, the recipient is prompted to create a PayPal account to access the money.
Sending Money is a low $1.00 fee through PayPal. The recipient (Friends and Family option) will not be charged a fee for this service. If you are conducting a business transactions (Goods and Services option) a low fee will apply when receiving funds. -
Once you hit the Send Money button, the funds are instantly deducted from your PEFCU account and sent to the recipient and they are notified by email or text message.
*If the recipient does not have a PayPal account, they will be able to create a free account using the link in the email or text that they receive. They will need to add their Financial Institution to PayPal before a transfer of funds can be sent to their Financial Institution. However, they also have the option of using the funds instantly while shopping at a consumer website that takes PayPal as a form of payment or applying for a PayPal Debit Card where funds can be transferred immediately.
If you are already a PayPal member/user you can now transfer funds to your PayPal account instantly from your PEFCU account.
