Announcing Person-to-Person Payments Apr 05, 2012, 10:45 am By Emily Haleck

Bank of American Fork today rolled out TheWayiPay®, an online person-to-person payment service that allows customers to make secure payments from their checking account to nearly anyone with a U.S. bank account. Customers can pay virtually anyone using only the recipient’s name and email address.

TheWayiPay person-to-person payment service is available through Bank of American Fork’s online banking. Payments processed are deducted from a customer’s account electronically and deposited directly into the recipient’s bank account in one to three business days. There is a $1 fee per payment.

“We are excited to roll out this latest feature in our extensive suite of electronic banking products,” said Joshua Everton, eSolutions manager at Bank of American Fork. “TheWayiPay is a convenient option for consumers to pay each other without having to go through an expensive third-party processing system. Most banks don’t offer person-to-person payments, so Bank of American Fork is very pleased to be able to introduce this in-demand technology to our customers.”

TheWayiPay is a trademark of Jack Henry & Associates, Inc.

This entry was posted in eBanking, Personal. Bookmark the permalink.

Leave a Reply

Your email address will not be published. Required fields are marked *


100 Year On Blog
This blog includes articles, information, tips and advice on all things money by the financial experts at Bank of American Fork. But this blog is not one-sided; we want to hear what you think. Share your ideas, experiences and comments to get the dialogue going.

800-815-BANK (2265)

RSS Feed