Money moves.
Instantly.
Receive funds and cash out to Cash App, PayPal, or Chime — right from your phone.
Instant transfers
Money in seconds, not days.
Bank-grade security
Verified accounts, protected balances.
Cash out anywhere
Cash App, PayPal, Chime.
Regulated & insured
Backed by the FDIC and the Federal Reserve
PayNow is regulated by U.S. banking laws and partners with FDIC-insured banks. Eligible balances are held with member institutions supervised by the Federal Reserve System.
Member FDIC · Federal Reserve System partner network