Moov Money: P2P via Debit Cards: Visa Direct + Mastercard Move

Moov Financial launched Moov Money on Sept 22, 2026 — a real-time P2P solution built with Visa Direct and Mastercard Move so participating banks and credit unions can send/receive money using eligible debit cards and a trusted phone connection, without a new consumer app. Jack Henry’s Banno Digital Platform is the first integration (1,000+ FIs).

In this OnlyFintechs episode we unpack the interoperability thesis (Atlanta Fed: 90.5% debit penetration vs no single P2P app above 34.6% reach); why deposits and the primary relationship stay at the FI; consumer claim UX (Apple Pay / Google Pay / debit; unclaimed returns in 10 days); and how Moov Money differs from Moov’s existing pull-from-card / Rapid Transfers products.

What you’ll learn:

• Why debit-as-destination beats closed-loop P2P reach ceilings
• How Visa Direct + Mastercard Move power FI-branded send/request
• Banno-first distribution and why deposits stay at the primary FI
• Claim UX + how Moov Money ≠ Rapid Transfers ≠ pull-from-card API

Keywords: Moov Money, P2P, Visa Direct, Mastercard Move, Jack Henry Banno, debit card, fintech payments

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