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Mobile Payments

US Bank live with CashEdge's Popmoney P2P payments service

Friday 11 June 2010 | 11:01 AM CET

US-based money transfer services provider CashEdge has entered a partnership with financial services provider US Bank to provide the latter with its Popmoney person-to-person (P2P) payments service.

Under the deal, US Bank will be able to offer clients the Popmoney service via its website and a downloadable mobile banking application, dubbed US Bank Mobile Wallet. Popmoney is set to allow bank customers to send money from their bank account, using a recipient's email address, mobile phone number or bank account information. Popmoney provides support for text messaging, WAP and downloadable mobile applications.

US Bank is a subsidiary of US Bancorp, a financial services provider that owns 3,025 banking offices in 24 states across the US.
 

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