Use Pay It Now to send moneyto 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 toVenmo and Zelle, Pay It Now is asecure, 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 enroll in online banking so you can sign in to your accounts, then set up and manage your services.
Access Pay It Now: On your mobile appunder the More tab; on your PC inside online banking.
See details about person to person or learn more about account to account usage.
Benefits of Pay It Now 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.
Enroll in online banking today
Click here to enroll in online bankingAfter you're enrolled, sign into online banking hereor at the top of any page,then set up and edit your online service options.Person to person
Use the person-to-person option in Pay It Now for easy payments.
See the video: How to use Pay It now to send money to another person. Or follow the steps below:
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 in to your Oregon State Credit Union online banking account. |
2.Tap the “Transfer & Pay” button, then tap “Pay It Now.” | 2.Hover your cursor over the “Transfers” tab and select “Use Pay It Now.” |
3.Select the “From” field to bring up your list of possible funding sources.
4.Follow the prompts to enter the payment amount, and security question and answer. Use a question that your recipient can answer, or communicate the answer to them in advance. 5.If you want to be notified when the payment has been delivered, select “Alert me when the payment is delivered.” 6.Select “Send.” | |
Frequently asked questions: person to person
Q: Are P2P payments real-time?
- A: Checking or savings accountfunding 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.
Account to account
Use the account to account option in Pay It Now when you want to transfer money between your credit union accounts and accounts at another financial institution. See the video:How to use Pay It Now to send money.
How to send money using Pay It Now - account to account (A2A)
Mobile app:Send money to your account at another financial institution | Desktop or tablet:Send money to your account at another financial institution |
| 1.Log in to your Oregon State Credit Union mobile app. | 1. Log in to your Oregon State Credit Union online banking account. |
| 2.Tap the “More” button, then tap “Pay It Now.” | 2.Hover your cursor over the “Transfers” tab and select “Use Pay It Now.” |
3. Select the “To” button then select the external account where you want to send money. 4.Select the “From” field to bring up your list of possible funding sources. Select your funding account. This could be your Oregon State Credit Union checking or savings account. 5.Follow the prompts to enter the date the payment should be sent and the amount of the payment. 6.Select the down arrow at the bottom of the fields to select a payment frequency. This will default to “One time” frequency. 7.Select “Transfer.” 8.You can cancel this transfer as long as it has not been accepted on the receiving end. | |
Frequently asked questions: account to account
Q: What are A2A payment timelines?
- A: When setting up a new A2A transfer, Pay It Now will initiate two micro deposits that will need to be validated within Pay It Now. The micro deposits can take twoto threebusiness days to reflect in the external account. After verification an A2A transfer can take up to 3 business days.
Validation details
- Online banking:
- Navigate back to the Pay It Now landing page. Under the dark blue bar at the top of the page, select “Transfer” then Use Pay It Now. From there, on the right hand side, you should see your other financial institution account in blue text saying "Activation Required." Select that line and it will expand, allowing you to enter the micro deposits.
- App:
- Options in the app will look different. After making it back to the Pay It Now landing page, select the small chevron on the left hand side of “Transfer/Send Money.” From there, select "Manage Accounts or Personal Payees." This will give you the "Activation Required" message for your external account. Watch this video to learn how to validate external accounts.
General Pay It Now questions
Q:What is person to person (P2P) and account to account (A2A)?
A: P2P (Person to Person) is when you pay another person directly using their email or mobile phone number. A2A (Account to Account) allows you to transfer money to and from an Oregon State Credit Union account and an account at another financial institution.
Q:Can any account be used as a transfer source?
A: Savingand checking accounts work as transfer sources.
Q: What is needed to use this service?
A: First, make sure you're enrolled in Oregon State Credit Union online 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.
For A2A you will need the routing and account number for the other financial institution.
Q: Can you schedule a future payment?
- A: Yes. Both P2P and A2A can be scheduled for future payments.
Q: How will alerts and messages be received?
- A: Pay It Now will communicate with senders/receivers throughout the payment/transfer process. Senders will receive emails based on the email address provided in online banking. Receivers will receive either emails or text messages depending upon how the P2P transaction is initiated and communication options selected. For A2A payments, communications are sent via email only.
