Big banks bank on allowing customers to make instant payments

Posted at 3:12 PM, Sep 14, 2016
and last updated 2016-09-14 17:36:10-04

Every get a call from your college aged kid who needed cash fast? Or wanted an easy way to split the tab on that expensive group baby shower gift?

We found a new way to instantly send money from your own bank account, that's convenient, hip and pretty cool.

Now major banks are jumping on the insta-pay bandwagon by letting you zap someone money simply by using their phone number or email.

Check out the video to see what it's all about