Key Differences
- Good-Funds
- Your new Payment Hub service will provide you with a better understanding of when your payments will be sent, when funds will be deducted from your account and when your payees should expect to receive payments.
- Electronic Payments will be deducted from your account on the Send Date. Funds must be available by the payment cutoff time of 4pm CT on the Send Date for the payment to be sent.
- Check Payments will be mailed to your payee on the Send Date and the payment will be deducted from your account when the payee cashes or deposits the check.
- eBill Enrollment
- For security reasons, we are unable to transfer eBill enrollments to the new Payment Hub.
- Immediate eBill re-enrollment in the new service will allow you to immediately resume access to your eBills for eligible payees.
- Note: Immediate eBill enrollment will require your credentials for the biller’s website.
- Centralized
- Our legacy services such as Bill Pay, External Funds Transfer and POP Money will be replaced with a single Payment Hub.
- Whether you are paying a bill, a person, or moving money to an external account, you can accomplish your task within the new platform.
- External Account/POP Money contacts and accounts will need to be re-added to the payment hub as it will not be converted into the new system.