How will the recipient know I sent money using Popmoney?
The recipient will receive a payment notification either by email or a text message depending on how you chose to send the money.
When will the funds be available in the recipient's account?
Funds may be available in the recipient's checking or savings account as early as one business day from the date they accept the funds. The recipient will receive a confirmation email with the date the funds will be in their account. Transactions will be completed within 1-3 Business Days.
What is the cost for Popmoney?
$0.50 per payment
What type of accounts can I use to send the payment to?
Payment can be directed to a checking, savings, or money market account held at a U.S. financial institution. Payments can only be sent to or from persons or entities located within the United States.
Do payments expire?
Yes. The recipient has 10 days from the date of the payment notification to provide checking or savings account information. After 10 days, if the funds have not been accepted, the payment expires and the funds are returned to the sender.
Is the Popmoney service secure?
Yes. Popmoney was created with your financial security in mind. Popmoney is built on the industry's leading online money movement platform and utilizes superior risk management and fraud protection services. This is the same online money movement platform used by thousands of financial institutions, including many of the nation's top banks.
Requesting Money with Popmoney
You can also allow other people to send you money using Popmoney. Getting paid by someone else is just as easy as sending them money. Popmoney is the perfect way to make every person-to-person payment secure and simple.
What are the different ways I can request money from someone?
You can request money from someone using their:
When will I receive the funds I request?
The person you requested money from has to sign up with Popmoney, if not registered already.
Once he/she has signed up successfully and pays against the request, you should receive the payment within three business days. The payment will be deposited into the Eligible Transaction Account you selected when sending the request.
Do I pay a fee if my request is not paid?
No. A fee will be deducted only if you receive a payment. No fee will be charged if the request is not paid.
When will funds be available in my account?
Your funds will be available as early as one business day from the date that you provide your Eligible Transaction Account information. You will receive a confirmation email when the credit is sent to your bank account with the date the funds will be in your account.
Terms and conditions may apply. View below the Terms and Conditions for Bill Pay, Popmoney, and Transfer Money.