Popmoney® works through the online banking and bill pay services, using the same systems and security you rely on today.
To send money, all you need is the name and email address or mobile telephone number of the recipient*. They will receive a personalized email or text message notification that comes directly from you.
If their bank or credit union offers Popmoney®, they simply access Popmoney® through Online Banking. If their bank or credit union does not offer Popmoney®, they can pick up the funds just as easily at Popmoney.com**.
The money will move from your First Independence Bank account to theirs—without having to exchange financial account information with each other.
If you are owed money, you can request it from someone using their email address or mobile number. When you are sent the money owed with Popmoney, the funds will be deposited right into the First Independence Bank checking or savings account that you’ve designated as your primary account.
What you can use it for
Use Popmoney® for all sorts of things—here are just a few*:
- Give a gift to family and friends
- Collect rent from tenants or roommates
- Send or request money for club dues, your sports team or a group vacation
- Pay your dog walker or lawn care service
- Send money to your child at college
- Pay back friends for a fun outing, like a dinner or concert
* Terms and conditions apply.
**Popmoney® personal payments services offered at www.popmoney.com are provided by CheckFreePay Corporation, a licensed money transmitter, and CheckFreePay Corporation of New York, which is licensed as a Money Transmitter for payment services by the New York State Department of Financial Services.