We strive to bring account holders the best new banking technology, and we’re excited to announce our new person-to-person payments feature!
What are person-to-person payments?
Person-to-person payments are a digital cash alternative that make sending and receiving money as easy as emailing and texting. Whether it’s paying allowance, splitting the check, or sending a birthday gift, person-to-person payments allows you to quickly transfer money from your existing debit account to almost anybody else’s.
You initiate a payment from any device. Your recipient receives funds almost immediately.
No registration or setup required—the feature is ready to use in online, mobile and tablet.
Every transaction requires your debit card PIN, making it as safe as any debit transaction.
How it works:
1. Click “MySummit P2P” in your online or mobile banking application
2. Enter recipient name, email address or mobile number, amount and select an existing debit card or add a new debit card. Adding a memo is also an option.
3. Enter your existing debit card PIN and hit submit to complete your request.
Start using person-to-person payments today for all of your payment needs. If you have any questions about person-to-person payments or how they work, contact your branch representative today.