P2P Service definition

P2P Service means either the Zelle Payment Service or Other Payment Services, depending on which service is being used, and “P2P Services” means, collectively, the Zelle Payment Service and Other Payment Services. • “Receiver” means a person that is sent a Payment Instruction through the P2P Services.

P2P Service means the P2P service powered by a third-party service provider acting as agent for FNCU that allows a Sender to send funds to Recipient.

P2P Service means the P2P service powered by Acculynk that allows a Sender to send funds to Recipient. “P2P Service Provider” is Acculynk a company that arranges for person-to-person payments to customers of any U.S. financial institution.

Examples of P2P Service in a sentence

• Credit Union P2P Service Agreement and Terms of Use (“Terms of Use”) These Terms of Use set forth the terms and conditions under which the Service is offered.

• By using the Site or the P2P Service, you represent that you meet these requirements.

• You may register for the P2P Service which will make future Transfers more convenient for you.

• You may only send or receive up to $1,000 per day and $2,500 in any 30 day period using our Send Money P2P Service.

• By registering, you are authorizing the Bank to make deposits to the designated account when you receive funds through the P2P Service and to make withdrawals from the designated account when you authorize a P2P payment to someone else.

• You may receive requests through the P2P Service for transfers from other Zelle users.

• When another person initiates a transfer to you through the P2P Service, we will deposit the funds to your designated account.

• When you register for the P2P Service, you must identify your Eastern Bank personal account to or from which transfers are to be made and provide us with an email address and mobile phone number that you will use for the Service.

• Any individual age 18 years and older with an account in the United States that may receive POS or ACH transactions may use this P2P Service to receive funds that are transferred by the Sender.

• By using this P2P Service you as the Recipient are confirming that you are the person to whom the Sender intends to transfer funds.

More Definitions of P2P Service

P2P Service. The Google Wallet Service facilitating peer to peer payment transactions.

P2P Service means the Service described in this Section 6.c. The Online Person-to-Person Payment Service allows a “Sender” to “Transfer” funds to a “Recipient” through electronic means. “Recipient” means the cardholder to whom the Sender Transfers funds. “Sender” is the Velocity cardholder that Transfers funds to another person through the Online Person-to-Person Payment Service. “Transfer” means an electronic movement of funds from an Account at Velocity to an account of another party by means of the Online Person-to-Person Payment Service, and “Transfer Instructions” means the information that you provide when using the Online Person-to-Person Payment Service. Finally, as used in this Section 6.c, the term “Service Provider” means Acculynk, a company that arranges for person-to-person payments to customers of any U.S. financial institution, and “Site” means the Service Provider’s electronic location accessed by a user through a mobile phone, computer or other access device.

P2P Service means the service that allows you to send funds to an outside e-mail or cell phone number.

P2P Service means the service powered by Popmoney allows you to send funds to an outside e-mail or cell phone number.

P2P Service or "Send Money,"or "FCCU Pay"means the person-to-person service powered by Acculynk that allows a Sender to send funds to Recipient.