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PayMōli - P2P Payments
Payments have changed so much over the past several years. It’s not necessarily commonplace for people to carry cash or write checks anymore. So what can your credit union do to make sure members always have payment options on hand (or in hand)? The answer is simple…person-to-person payments.
Person-to-person (P2P) payments allow your members to be in control, to not have to carry outdated sources of currency, to be free of the middleman. That’s where MY CU Services’ P2P app, PayMōli, comes in!
Unlike the other P2P apps of the world, PayMōli is made just for credit unions and their members, but with all the same features and functionality. From the app, members can make payments directly to another person’s account with just a few taps on their smartphones or tablets.
How it works:
The beauty of PayMōli is that it’s a straight-forward, no-nonsense payment app. In just a few simple steps, your members can make direct payments within minutes. Here’s how:
- Download the PayMōli app from the Apple Store or Google Play
- Link PayMōli to an active credit union account
- Select or add a recipient name
- Enter the payment information and follow the on-screen instructions
And just like that, the house sitter, the dog walker, the neighborhood kid who mows the grass can get their money directly. Your members (and those they pay) can enjoy the ease, the convenience and the quickness that come with the PayMōli app.
Why it’s important for your credit union
- All of your members – and especially the younger generations – are looking for modern payment solutions. In 2018, 51 percent of Millennials and 37 percent of Gen Zers were already using P2P.
- The app is customizable for your brand. When members open the app, they’ll see your name and logo from the get-go.
- PayMōli provides your members with a level of security and compliance that is truly second to none.
- PayMōli will expand your payment offerings and solidify your credit union as a competitive provider of financial services.
Download. Set up. Enter payment info. Send. That’s how we do payments with PayMōli!
For additional information on MY CU Services’ P2P PayMoli app, please contact the MY CU Services’ sales team at (888) 985-7280 or email firstname.lastname@example.org.