Yes, you can definitely set up recurring P2P transactions with your friends and family.
To set up a recurring P2P, simply log into your SoFi checking account via the SoFi app and:
- Select 'Transfer.'
- Then 'Send money to a friend.'
- From there enter a 'Name, email, or mobile number.'
- Tap on 'Frequency'
- Then 'Monthly on the (day of the month)'
- Next click 'Select monthly'
- Your monthly P2P is now ready to be completed! To finish up enter the dollar amount and select 'Next.'