Chase QuickPay is a fast, easy, secure way to transfer money almost instantly, even if the recipient doesn’t have a Chase account. Chase QuickPay is a secure online service that lets you send and receive money electronically, right from your bank account. Money is transferred person-to-person through the Chase QuickPay mobile app to move funds from your Chase bank account to the recipient’s account.
Here’s how to set up and use Chase QuickPay so you can transfer money to friends and family.
How to Set Up Chase QuickPay
You must have a Chase checking account or Chase Liquid Card to use Chase QuickPay. If you don’t, you can sign up through clearXchange. You’ll need to download the Chase mobile banking app and sign up for Chase QuickPay. You’ll need your Social Security number, Chase account number and access to a phone number or email address that’s already registered with Chase.
To set up Chase QuickPay, follow these steps:
- Log into the Chase mobile banking app.
- Select Chase QuickPay.
- On the next screen, click Activate QuickPay.
- Register your email so you can receive emails about the service, and check the box to accept the terms of service.
- Verify your email address
Once you’ve completed those steps, you’ll be able to start sending money via Chase QuickPay.
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How to Use Chase QuickPay
To send money, you log onto the Chase QuickPay app on your phone. Enter the email address or mobile phone number of the person you want to pay, and the amount of money you want to send. Verify the information, then hit the send button.
If your friend also has a Chase bank account, the transfer will usually happen in a matter of minutes. Chase QuickPay is part of the clearXchange network, so transfers to other banks in the network also go through quickly. The transactions can take up to one business day, but that’s rare. The other banks in the network are Bank of America, Capital One, FirstBank, Frost Bank, TD Bank, U.S. Bank, and Wells Fargo.
If the person you want to send money to doesn’t have an account at any of these banks, he can sign up to access the funds through clearXchange at www.clearXchange.com. Transfers to banks that aren’t in the clearXchange network can take up to one to two days to process.
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How Does Chase QuickPay Work?
Chase QuickPay electronically transfers funds from your Chase account to the account of the recipient you select. You can use it to pay the babysitter, split the check in a restaurant, or even pay the rent instead of writing a check. The transaction is handled from bank to bank, so your information is secure. The person receiving the money doesn’t see your banking information, and you don’t see theirs.
You can send up to $2,000 per day in one or more transactions, and up to $16,000 in a calendar month from your Chase checking account or Liquid card. Of course, this is subject to the balance in your account. If you have a Chase Private Client or Private Banking Account, your limits are $5,000 per day and $40,000 per month. These limits are combined for all of your accounts.
The bank doesn’t charge you a fee to use Chase QuickPay or the clearXchange network and there’s no transaction charge, either. If you use your cell phone to send or receive text messages related to the service, messaging rates might be assessed by your cell phone provider.
If you have questions about Chase QuickPay or are having problems using the system, you can contact Chase QuickPay customer service on the Chase website or through the app.
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