Send and receive money with Pay a Person
Use Pay a Person to send money to a person (P2P) or send and receive money from your Oregon State Credit Union Basic Savings or checking account to your accounts at other financial institutions (A2A). Similar to Venmo and Zelle, members can send or receive funds instantly making Pay a Person a secure, easy way to move money.
To get started:
- You must be a member age 18 or older with a saving or checking account.
- Be sure you register for digital banking so you can sign in to your accounts, then set up and manage your services.
- Access Pay a Person: On your mobile app, tap Move Money. If using a computer, after logging into digital banking, it’s located under Move Money in the top menu.
Benefits of Pay a Person include: set up single or recurring transfers, receive confirmations, send to and receive from a mobile phone or email address and get next business-day receipt of funds.
Pay a Person
Use Pay a Person for easy payments.
| Mobile app: Send money to another person | Desktop or tablet: Send money to another person |
| 1. Log in to your Oregon State Credit Union mobile app. | 1. Log into digital banking. |
| 2. Tap “Move Money,” then tap “Pay a Person.” | 2. Hover your cursor over “Move Money” in the top menu and click “Pay a Person.” |
| 3. Click or tap on your Transfer From source. 4. Click or tap Add New Contact to add a new person, then add their Name and Email Address or Phone Number. If you have already added this person before, then simply select them from your Transfer To list. 5. Enter the amount of money you want to sent to them as well as the date you want to send it. 6. Optionally, toggle AutoPay if you would like to configure this as a recurring payment. 7. Click or tap Continue. 8. Enter a personal message and a security question that only your contact is able to answer. 9. Click or tap Continue. 10. Lastly, confirm your transfer details, read and check off the acknowledgements, and click or tap Submit to proceed. | |
Frequently asked questions: Pay a Person
Q: Are P2P payments real-time?
- A: Debit card funds transfer is realtime, no delay. Checking or savings account funding sources take 1-2 business days.
Q: Does the money stay on hold until the recipient accepts the money?
- A: No, the funds stay available in the sender’s account until recipient accepts the P2P transaction. The P2P will then be processed through the account in the next payment processing file at 5 p.m. EST. After the P2P has processed successfully, the recipient will receive the P2P within 1-2 business days.
Q: How long does the P2P recipient have to accept the money?
- A: The recipient has 10 calendar days to accept the P2P before it is canceled.
Q: Can the sender cancel the P2P transaction?
- A: Yes, the sender can cancel the P2P as long as the recipient has not accepted it yet.
Q: What is needed to use this service?
- A: First, make sure you’re registered for Oregon State Credit Union digital banking.
- To initiate P2P transfers you will need to know the recipient’s name and either their mobile phone number or email address. After adding the person, you will need to create a security question to which both you and the receiver know the answer (not common knowledge). The receiver will then input account information to direct the funds and complete the process.
Q: Can you schedule a future payment?
- A: Yes.
Q: How will alerts and messages be received?
- A: Pay a Person will communicate with senders/receivers throughout the payment/transfer process. Senders will receive emails based on the email address provided in digital banking. Receivers will receive either emails or text messages depending upon how the P2P transaction is initiated and communication options selected.
Register for digital banking today
Visit digital banking to register for the first time or log into your existing account.
