How do you receive money from Popmoney?

You do not need to sign up for a Popmoney account in order to receive funds from a Popmoney user. When someone sends you a payment, you will be notified via email or text message. You will be asked to provide your bank account information if you are new, so that funds can be transferred into your bank account.

Is Popmoney the same as Zelle?

The service enables individuals to send and receive payments electronically in a manner that is designed to displace traditional check payments. In 2018, some banks began to replace popmoney with Zelle. The name “Popmoney” is an acronym for “pay other people money”.

What are the cons of using Popmoney?

Popmoney can be frustrating. If you can’t afford to be without funds for several days or more, use Popmoney with caution because of the unpredictable amount of time the transfer may take. While fees are low, the other inexpensive options such PayPal, Venmo, or Cash App may be better alternatives for personal payments.

Does Popmoney charge a fee?

3 Sending money through Popmoney costs $0.95, whether you’re using a bank account or debit card. When someone requests money, the fees are reversed. The request costs $0.95 to initiate, but the payer won’t pay any fees. The fee is only imposed when the payment is made.

How do I use Popmoney ATM?

ATM Locator
  1. 1) Select Popmoney option.
  2. 2) Enter access code.
  3. 3) Enter 4-digit pin.
  4. 4) Select account type.
  5. 5) Select a dollar amount.
  6. 6) Collect cash.

What banks offer Popmoney?

  • Ally Bank. Bank of America.
  • TD Bank. Citibank.
  • Fifth Third Bank. PNC Bank, N.A.
  • Regions Bank. SunTrust Bank.
  • US Bank.

How do you set up Popmoney?

In Online Banking, users go to their primary account, click on the Bill Payment tab and a Popmoney option will be visible in the main menu. In the Mobile App for Personal Banking, a Popmoney tab will appear next to the Payments tab in the main menu.

What’s the fastest way to transfer money between banks?

A wire transfer is one of the fastest ways to transfer money electronically from one person to another through a bank or a nonbank provider such as TransferWise and Western Union. For a domestic wire transfer, you’ll need the routing number, account number and the name of the recipient.

Is Popmoney like venmo?

Popmoney fees

To make any transaction through the Popmoney website, customers will have to pay a flat fee of $0.95, but receiving money is free of charge. Compared to the competition, the Popmoney fees are relatively low, though perhaps on par with payment services like Venmo which charges a 3% waivable fee.

Can you send money to anyone with Popmoney?

The Popmoney® personal payment service lets you send, and receive or request money from friends, family or just about anyone with an email address or mobile number*. Popmoney is part of our online bill pay service and lets you move money from your bank account to theirs safely and securely, with ease.

Is Popmoney discontinued?

POP Money is being discontinued on July 1. Between July 1 and July 9 you can register thru POP Money directly at to send money or contact us about sending an ACH Transfer.

Is Popmoney a wire transfer?

Most banks and credit unions now offer money transfers through the Popmoney or clearXchange third-party services. These services have very low rates, which are waived by the bank or credit union in some cases, and are generally integrated into the financial institution’s online banking system.

How long does it take to receive Popmoney?

one to three business days
A: With Popmoney, the sender is in control of payment velocity and, in general, transactions take one to three business days. If the sender has selected 3-Day or Standard delivery, the recipient will receive funds three business days after accepting the payment.

Do I need a Popmoney account to receive money?

Popmoney is an innovative payment service offered by leading financial institutions that eliminates the hassles of checks and cash. Now, sending and receiving money is as easy as sending an email. Best of all, you don’t need a new account to send or receive money. Just use your current bank account.

How do I cancel my Popmoney account?

You can request to unsubscribe from Popmoney by any of the following ways:
  1. Email: Login to Online Banking, go to the Support tab and click on the Email Us link to send a secure email.
  2. Phone: Contact us at (978) 556-5414.
  3. In person: Visit a branch near you and speak to a bank representative.

Can you transfer from Popmoney to Zelle?

Posted on November 13, 2019 at 3:42 pm. Beginning December 12, we will change the way you send money to friends, family and those you know and trust by ending our use of PopMoney and introducing Zelle® available in Online Banking or the Neighbors FCU app.