Mountain America Credit Union Introduces Send Money -- Person-to-Person (P2P) Payments Powered by PayPal(TM)

WEST JORDAN, UT--(Marketwired - Jul 31, 2013) - In the push to accommodate technological innovation, Mountain America Credit Union recently introduced a fast and easy way to send money to anyone, anytime, and anywhere using Mountain America's Send Money -- Powered by PayPal™.

Many financial institutions are beginning to embrace the power and potential of the person-to-person (P2P) payment and mobile wallet space. Now Mountain America members can transfer funds to anyone regardless of where they bank with Send Money, a new feature of Mountain America's Online and Mobile Banking. It's a fast and easy way to send money to friends, family and businesses. It doesn't require cash, checks or wire transfers. All members need is a mobile number or an email address.

"Financial companies are beginning to realize that simple money transfer capabilities will not fully satisfy their customers," said Rob Cummings, senior vice president of online and mobile banking for Mountain America. "Consumers are asking for the ability to pay their friends electronically, including splitting checks at restaurants, paying babysitter wages via digital money, or even sharing in monthly rent. And customers want this service to be free and instantaneous. Send Money does all this, and more."

Send Money is available through Mountain America's Online Branch and mobile app. To learn more about Send Money -- Powered by PayPal, visit http://www.macu.com/personal/onlineservices/sendmoney/.

Mountain America Credit Union has more than $3.5 billion in assets and serves more than 420,000 members wherever they are through online and mobile banking, Mountain America branches in five states, and more than 30,000 ATMs and 5,000 shared-branching locations nationwide. With Utah credit union roots dating back to the 1930s, Mountain America has become a tradition for many members, offering a variety of financial products and services for consumers and businesses, including savings accounts, auto loans, checking accounts, mortgage loans, business checking, SBA loans and retirement options. Visit www.macu.com for more information.