POPmoney is an email and mobile person-to-person payments service for financial institutions that allows bank customers to send an electronic payment directly from their online or mobile banking service by using the recipients email address, mobile phone number or bank account information. Likewise, the recipient of the payment can receive the funds directly into his or her account at any bank through online banking, if the bank offers POPmoney, or at www.POPmoney.com.
POPmoney includes support for text messaging, WAP and downloadable mobile applications, enabling financial institutions to extend their P2P functionality to mobile phones.
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