More people are looking to do their banking on the go, and banks are looking for services to help them connect with their users via email or mobile phone. According to CashEdge, Inc., their POPMoney service, which will be adopted by 100 banks this year, will do just that.
POPMoney P2P Payments
POPMoney is the first mobile person-to-person (P2P) payment services available to financial institutions that allows bank customers to send an electronic payment dierectly via email or from their mobile phone. POPMoney also support text message, or SMS banking.
Banks Adopting POPMoney
Some of the biggest banks that have already adopted the POPMoney service are First Hawaiian Bank and FNBO Direct, and thousands of their customers are already using it. Bank of the West is also planning on adopting the service in the next couple weeks.
The service is backed by CashEdge’s secure Intelligent Money Movement platform. Banks already using CashEdge, POPMOney is a simple upgrade of the TransferNow service.
For more information, you can visit the CashEdge website here.