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Can I send money to my family or friends?


Yes you can! Transferring money to another CapWay user is easy and free. 💸


Here’s how:

  • Sign into the app and tap on Send (bottom menu)
  • You’ll see Send - Request - Activity at the top of the page, be sure you’re on Send
  • Enter the name of the person you wish to send money to and choose them from the list
  • On the Send Money page, you’ll see the user you chose to send money to - make sure it’s the right person. Then enter the Amount and Reason and tap Done 
  • You’ll see the transfer processing and then see a confirmation - and that’s it!

If your friend or family member doesn’t have a CapWay Money account (yet), you can also perform a traditional ACH or P2P using their phone number or email address.

The CapWay, Inc Debit Visa Card is issued by Metropolitan Commercial Bank (Member FDIC) pursuant to a license from Visa U.S.A. Inc. “Metropolitan Commercial Bank” and “Metropolitan” are registered trademarks of Metropolitan Commercial Bank ©2014.

1. Account holders will be allowed to overdraw their account up to $25 on debit card purchases. Debit cards will go into freeze until funds are deposited to bring account back to current. See terms and conditions

2. Sending or receiving money from other CapWay account holders will be instant. Transfers from other accounts could take up to 48 hours, depending on the financial institution.

3. Early access to funds requires direct deposit. Early payment is not guaranteed and is dependent on the timing of payer's submission of deposits. We generally post such deposits on the day they are received which may be up to 2 days earlier than the payer's scheduled payment date.

4. Money Goals allows account holders to save money towards financial goals created within the CapWay platform. Funds can be transferred from your Money Account or saved through the rounding up of your transactions from purchases.

5. CapWay offers financial content through Learn Money free of charge, but may include advertisements through affiliates. Phunds, CapWay's literacy program and session, is paid content or co-branded content.

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