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 just as simple as sending an email or text.
How It Works:
- Provide the recipient's name and email address or mobile phone number.
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.
Send Money costs only 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. The recipient is 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.