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Online & Mobile Banking

BECU selects CashEdge's Popmoney payments service

Wednesday 24 March 2010 | 11:42 AM CET

US online money transfer services provider CashEdge has entered a partnership with the US-based financial cooperative Boeing Employees\' Credit Union (BECU) to provide the latter’s members with its POPmoney service.

POPmoney is an email and mobile person-to-person (P2P) payments service which enables bank customers to send an electronic payment from their online or mobile banking service, by using the recipient’s email address, mobile phone number or bank account information.

Additional features of POPmoney include support for text messaging, wireless application protocol (WAP) and downloadable mobile applications, which allow financial institutions to extend their P2P functionality to mobile phones.

The POPmoney service has been previously integrated by other financial institutions such as First Hawaiian Bank and FNBO Direct.
 

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