Introducing Merchants Pay

 

SEND MONEY TO ANYONE, ANYTIME WITH MERCHANTS PAY

Merchants Pay is a person-to-person payment service that enables customers to send money to friends, family or anyone with a U.S.-based bank account directly from their Merchants Bank of Indiana account. This new service is FREE to both the sender and recipient, and is a convenient payment solution for depositing funds directly into the recipient’s account.  All you need is an email address or mobile phone number of the recipient, and you can quickly send money with a few simple swipes.

 

TO ACCESS MERCHANTS PAY
From the Merchants Bank of Indiana Mobile App, log in to the app from your iPhone or Android mobile phone.  Access Merchants Pay Person-to-Person payments by touching “More” from the menu bar, then select Merchants Pay from the available services.

 

TO SEND MONEY
From the Send Money screen, enter the recipient’s email or mobile phone number, confirm the entry, and enter the amount to send.  Follow the onscreen instructions to complete the transfer.  The first time you use Merchants Pay, you will need to enter your Merchants Bank debit card number.  The app will remember this information for future transactions.

The recipient will receive either an email or text message confirming the transfer with instructions to deposit the funds into their own account.

Merchants Pay from your mobile phone is easy and convenient.  However, if you prefer to conduct your electronic banking on a personal computer instead of your mobile phone, Merchants Pay is also available via online banking.

MORE GOOD NEWS…DON’T HAVE A COMPUTER?  NOW YOU CAN ENROLL IN ONLINE BANKING VIA THE MOBILE APP
In today’s fast-paced world, many prefer to conduct business with the ease of their mobile phone while on the go.  You can now enroll in online banking by using the mobile app, without a computer.

 

TO ENROLL FROM THE MOBILE APP
Download the Merchants Bank of Indiana mobile app from the app store or google play.  Touch the “Enroll Now” link at the bottom of the screen.  Enter your account information exactly as it appears on your account statement or new account paperwork, and you are all set!

Merchants Pay and Mobile App Enrollment is currently available to our consumer account holders, not business accounts. Transfer amounts are limited to $2500 per transaction.  Merchants Pay is available for use on iPhones, Android phones, and via online banking.