Pay Friends on Chime: What is It and How to Use It 2020
Using online banking services is all about being able to send, receive, and store money online. We all know that uncertainty always has been a dominating factor in our lives. That's why online money transfer services have become a need of the hour. You will never know when somebody from your dearest friends will have an urgent need for money. And you can be asked for help all of sudden. That’s the exact situation where Pay Friends on Chime features can come to rescue you.
Now some of you might wonder- what is Pay Friends on Chime feature? How do I use the Pay a Friend feature on Chime to send money? Not an issue. We are more than happy to help you. I realized that a large number of people already know about online money transfer services, but not everyone is familiar with the benefits of Chime online bank and its 'pay a friend' feature. That's why I thought it would be a great idea to write on this topic.
So, to help you understand how to pay a friend feature on Chime works, I am going to answer some of the most frequently asked questions.
How does pay friends on chime work?
As the name suggests, the pay a friend feature on Chime is a direct way to send money to anyone from your contact list. The best thing about this feature is it is totally free, fast, and safe. You just need to be a verified user of Chime that's all you require. What I have personally liked about Chime's Pay Friends feature is it is simple to use and quick in action. In just a few taps, you can send money to your friend and help him out.
Can I send money to my friend who does not use Chime online bank? You might have such a question in your mind. If so, here is the reality: Yes, you can send money to a Non-Chime user, but here is a catch. And the catch is that the recipient will have to set up an account in Chime. Read more about how to create a Chime account.
How do I pay a friend on Chime?
Here comes the most exciting part. We are going to discuss the simple steps to follow to use the pay a friend feature on Chime. If you have set up your account, you can follow the below-mentioned steps and money with ease of mind.
Now the next step is to tap the "Move Money" button.
Then, from the drop-down menu, select "Transfers" and proceed.
On the next screen, you will find the "Pay Friends" option.
Now pick up a person from your contact list whom you want to send money.
You can use your phone number or email id to find out your specific friend.
Alternatively, you can enter the recipient's name and nickname.
Now simply just enter an amount and add a memo about payment.
Finally, check the amount and recipient before sending money. If everything looks fine, press the send button.
What are the money transfer limits for pay friends feature on Chime? You might like to ask this question. According to the latest updates, Chime users can send up to $2,000 in a month. Once you reach up to the limit, you will not be able to send more money through the pay a friend feature.
How to pay someone on Chime who does not use Chime?
With the help of using a phone number or email id, you can send money to any person who doesn't use Chime. But, don't forget what I have told you earlier. In such a case you can send money, but the recipient will require to download Chime and sign up completely.
To make the sign-up procedure convenient for the recipient, a text or email notification will be sent to the recipient with a downloading link. This notification reads "open a Chime Spending Account to claim the money that you received". Here are the steps to follow to send money to a friend who doesn't have an account in Chime.
Get into your Chime mobile app.
Now simply tap the "Move Money" tab.
Further, tap the transfers and then select Pay friends.
Then, search for your friend in your contact list whom you want to send money
Eventually, enter the amount to complete the transaction and send money.
As soon as you send money from your side, the recipient will receive an alert and upon successful sign up he/she will receive money.
So, sending a payment through Pay Friends on Chime feature is straightforward. If you follow all the steps mentioned above carefully, we are sure, you will not face any kind of problem. For instant help, feel free to avail of our free services.