Push to Wallet
Push to Wallet is a 24/7 payment rail that lets you quickly send funds from a J.P. Morgan account to a beneficiary’s PayPal or Venmo wallet.
Benefits
- Speed: Quick availability of funds for beneficiaries.
- Reach: Access to a network of millions of external wallet users, including those who prefer alternate payment methods.
- Ease of use: The ability to identify beneficiaries through email addresses and mobile phone numbers rather than lengthy account and routing numbers.
When to use Push to Wallet
Insurance claims
Issue seamless claim payouts to policyholders.
Contractor payments
Pay gig workers for short-term engagements or temporary contracts.
Promotions
Offer financial incentives that entice mobile users to switch from competitors’ phone plans.
Rebates
Issue rebates to customers.
Travel reimbursements
Send payouts to recipients for lost baggage, travel inconvenience, and more.
How Push to Wallet works
The following image illustrates a high-level overview of a typical Push to Wallet payment:
The following image illustrates an in-depth overview of a typical Push to Wallet payment:
Availability
The following table contains the region and country where Push to Wallet is available for Global Payments API initiation:
Region |
Country |
|---|---|
North America (NA) |
United States |
Next steps
Learn about the payment parameters to initiate a Push to Wallet payment.