Moov Launches Moov Money P2P Solution With Visa and Mastercard

โดย Business Wire·US·Read original
Summary · why it matters

Moov Financial, Inc. announced Moov Money, a real-time person-to-person payment solution built in collaboration with Visa and Mastercard that lets consumers send and receive money using only an eligible debit card and a trusted mobile phone connection. Unlike other P2P services that require both parties to use the same app, Moov Money uses the debit card as the payment destination, reaching the 90.5% of U.S. consumers who carry a debit card according to the Federal Reserve Bank of Atlanta's 2025 Survey and Diary of Consumer Payment Choice. The platform runs on Mastercard Move and Visa Direct, with Moov supplying identity verification, fraud controls and dispute management, and it is available today to banks, credit unions, neobanks and brokerages for domestic person-to-person payments. Jack Henry's Banno Digital Platform is the first to integrate Moov Money, giving more than 1,000 banks and credit unions turnkey access, with others soon to follow. Moov CEO Wade Arnold said moving money shouldn't depend on whether two people use the same app, while Visa Direct North America head Justin Zhao and Mastercard North America EVP Mike Kresse both framed the launch as a step toward interoperable, secure money movement.

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