Here you will learn on how does chase quickpay work and chase quickpay limit in 2017.
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.
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
How Does Chase Quickpay Work and limit
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.
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