MoneySend

Why it Works


Before MasterCard MoneySend, personal payments were slow and old-fashioned. You could pay people with cash, write a check, or use clunky transfer services. MoneySend changes the game, allowing your bank to connect you with friends and family, and move money easily using your mobile phone.


MoneySend is Fast
The days of waiting are over: waiting for checks to clear, waiting for trips to the ATM, waiting until business hours to transfer money. Once you’re signed up for MoneySend, transfers happen fast, usually that same day. MoneySend is so simple to use that your payments can now keep pace with your life.

MoneySend is Inexpensive
Signing up for MoneySend is free. Receiving money is free. And sending money is cost-effective—at most there’s just a nomial transaction fee. You don’t get charged extra from your phone company; it’s just like sending a regular text message (standard airtime and SMS rates apply). For complete details of MoneySend fees, including some prepaid account and maintenance fees that may apply, click here.

MoneySend is Safe
We use our mobile phones constantly…they’re almost extensions of our arms. But when it comes to sending money, security and reliably is critical. With MoneySend, your account details are never sent via the phone or via the mobile network. Your account is set up beforehand with a one-time online registration process that takes about 5–10 minutes. It’s time well spent, because once you’re set up, you can use MoneySend without worrying—transactions are secure and protected by MasterCard Zero Liability Fraud Protection. Every time you send money, you verify the transaction with your Mobile PIN. All you need to know about the person you want to send money to is their mobile phone number. Your recipient(s) register with their own designated bank account in the same way.

MoneySend is Social
MoneySend was built to connect people. It’s easy to use from the moment you sign up, but the real potential arrives when you build your personal network and your friends and family join MoneySend. Then a new world of spending power, convenience, and flexibility in personal payments begins to take shape.