This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Metro Bank’s New ‘Pay Anyone’ Service Enables People To Pay Anyone Using E-mail Or Cell Number

Metro Bank today introduced Pay Anyone, a new free feature of its online bill pay service that enables people to send personal payments to anyone with a U.S. bank account just by using the recipient’s e-mail or cell phone number.

Payments are sent directly from the sender’s bank account to the recipient’s bank account – regardless of his or her financial institution – and can be deposited in as fast as one business day.

“Pay Anyone allows customers to send payments to friends, family members or anyone at all, electronically and directly, in as fast as one business day,” said Metro Bank Chairman, President and CEO Gary L. Nalbandian. “Confirmation of payment, along with a customizable message from the sender, is sent to the recipient by e-mail or text message. To our knowledge, no other bank offers this service in our market area with payment as fast as next day.”

Ways to use Metro Bank’s Pay Anyone service include quickly and easily sending money to children in college, collecting money for group gifts, splitting the bill for dinner or paying the babysitter.

In addition to Pay Anyone, Metro Bank’s online banking service enables customers to: instantly access their account information; transfer funds between Metro accounts; view 18 months of electronic account statements and bill-pay history; apply for a loan and more.

Forty percent of Metro Bank customers are enrolled in online banking. In addition to managing accounts in real-time, Metro’s online banking customers used free bill pay to pay nearly 730,000 bills in the first ten months of 2010.

In October, customers’ bill payments totaled more than $21 million, with each active bill pay user sending an average of seven payments.

About Metro Bank

Metro Bank, subsidiary of Metro Bancorp Inc. (NASDAQ: METR), is a financial services retailer with 33 stores in the Pennsylvania counties of Berks, Cumberland, Dauphin, Lancaster, Lebanon and York. Headquartered in Harrisburg, the bank’s services include seven-day banking, free checking, free instant-issue Visa debit card, free coin-counting machines, free online banking and 24/7 live customer service. The bank also offers commercial banking services including term loans, commercial mortgages, lines of credit and cash management services. For more information about Metro Bank, visit mymetrobank.com.

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG

Markets

Chart of I:DJI
DOW 16,102.38 -272.38 -1.66%
S&P 500 1,921.22 -29.91 -1.53%
NASDAQ 4,683.9190 -49.5780 -1.05%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs