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A Look at WaMu's Send Direct P2P Funds Transfer Service

Tags » Money Transfer, p2p - Person to Person Payments, Washington Mutual  » Comments (0)

Writing on the NetBanker blog, Jim Bruene takes a look at WaMu's new Send Direct funds transfer service powered by Cambridge, Massachusetts-based AliasWire. For a 2% fee, WaMu credit cardholders can send money to almost any other US bank account and can be initiated via the website, an SMS message to a specific short code, or a telephone call to a toll-free number. Bruene writes: "It's a cool service. It will be interesting to see if Chase continues the service as they assimilate the WaMu credit card portfolio. "

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