What is PayDough and how does it work?

Paydough is a free service that allows Inspirus Credit Union members with a checking account and a debit card to safely send money to anyone in the United States who has a valid e-mail address. You don't have to have their account number to send them money.Funds are transferred through the debit card network.

-a Debit Card is required to send money using this service
-PIN entry is required to authenticate the transaction
-card number, PIN and card expiration date is required to send money using this service.
-recurring payments are not available
-funds are deducted from the sender's checking account immediately
-funds are posted on the same day when the receiver requests the funds be deposited to a debit card
-funds are posted in 1-3 days when the receive requests the funds be deposited to a checking account

Daily limits are $2,000 per day and $10,000 per month.

As the sender, you will receive an e-mail confirming that the payment was sent The receiver will receive an email that contains a link.  Once they select the link, they can choose to have funds deposited to their checking account or savings account or to their debit card.