When Amplify launched fee-free banking in 2022, our goal was to make it easier for our members to spend their money without fear of costly fees. That makes a fee-free bank account with Amplify the perfect partner for peer-to-peer payment apps like Venmo and PayPal. In this article, we will explain how to connect your Amplify account to several of the most popular payment platforms.
Key Takeaways:
- You can connect your Amplify account to peer-to-peer payment platforms like Venmo, PayPal, and Cash App in just minutes.
- You will not be charged overdraft or insufficient funds fees should you accidentally attempt to bring your account into a negative balance.
Will I be charged overdraft fees for transactions on payment platforms?
If a peer-to-peer payment such as a Venmo or PayPal transaction would accidentally bring your account into a negative balance, Amplify’s commitment to fee-free banking means you will not be charged an overdraft fee. Instead, depending on your level of overdraft coverage, the charge may be applied to a linked account or rejected outright. Read more about overdraft prevention and Rebound, Amplify’s overdraft protection program.
How do I connect to PayPal?
Millions of Americans use PayPal to make or receive digital payments each year. Connecting your personal or small business account to Amplify is a great way to get more from your banking.
- Click Wallet on the top menu.
- Click Link a card or bank.
- Choose Link a bank account from the list of options.
- Search for Amplify from the list of banks.
Please note that our organization still appears as Amplify Federal Credit Union in PayPal’s system. Once you have selected Amplify, use your username and password to log into your account when prompted. You will now be able to make or receive payments from your Amplify account.
How do I connect to Venmo?
Venmo is one of the most popular digital wallets available to our members. If you would like to start transferring funds between Venmo and your Amplify account, log into the app and follow the steps below to connect your checking or savings account.
- Click Settings.
- Click Payment Methods.
- Select Add bank or card.
- Choose Bank from the list of options.
You will then be prompted to add your bank using Plaid. Search for Amplify Credit Union in the institutions menu and log into your Amplify account when prompted. You will be able to make payments from or transfer funds to your Amplify account.
How do I connect to Cash App?
Cash App offers users a wide range of investment and payment options. If you would like to back your Cash App with our fee-free bank accounts, log into the app and follow the steps below.
- Click the Account icon on the app menu.
- Click Linked Banks.
- Click Link Debit Card.
- If you have an Amplify debit card, you can enter your debit card information in the screen provided.
- If you do not have an Amplify debit card, you can click No Card? and follow the steps to link your Amplify account to Cash App.
Once you have connected your debit card or account, you will be able to make and receive payments from Amplify.
How do I connect to Shop?
Shop Pay is a payment service that speeds up your checkout by storing payment and address information for online orders. You can add your Amplify debit card to your Shop account on both desktop and mobile devices.
- Click on Settings. This can be found under the dropdown menu on desktop or by tapping your current Shop balance on mobile.
- Click Payment methods.
- Click + to add a new card.
- Enter your card information and click Save card.
Once your card information has been entered, you will now be able to use your Amplify debit card to speed through the checkout process on select online vendors.