Emma has launched a new feature that makes transferring money between friends and family easier than ever.
In only a few clicks you can input an amount to transfer, select a bank account, and choose which of your friends the money is going to be transferred to and from.
The “Pay” tab works on top of Open Banking, thanks to a partnership Emma has closed with Yapily, a leading Open Banking provider.
This is a P2P feature, which means users can only send and request money to people if they have downloaded Emma. This feature currently only lets user send and request money from people in the UK. In the next few weeks, Emma will add a QR code to the P2P payments section that’ll make the process even easier.