Person-to-Person payment solutions

Expand your online channel by giving consumers a new way to pay.

By offering your customers an alternative to Person-to-Person (P2P) cheque payments, your business can reduce this expense and realise immediate cost savings. With P2P payment solutions, your customers can send money from their accounts to recipients almost anywhere in the world. Additionally, these payments are instantaneous and can be sent from your bill pay Web site.

Our P2P payment solutions target the need of various payment activities, including:

• Me-to-me (move money between accounts – either on an ad-hoc or regular basis)
• Me-to-family (send money to children at university, give a gift to a family member)
• Me-to-friend (pay a friend for dinner, a movie)
• Me-to-small-business or service provider (pay the babysitter, dog walker, house cleaner)
• P2P Electronic Transfers

This one-way transfer capability integrates through your online bill pay product, allowing customers to make transactions using the destination account information. The money is electronically delivered via ACH directly into the recipient’s bank account, with no need for remittance confirmation or network participation. This service is primarily designed to facilitate me-to-me and me-to-family transactions.

P2P payments powered by PayPal

This service integrates with the FIS payment manager solution. Customers initiate a transaction from your bill pay Web site, identifying the recipient via e-mail address or mobile phone number. Although this solution leverages PayPal, one of the largest P2P networks in the world, the sender does not need a PayPal account to use it.