TUKWILA, Wash. – BECU plans to roll out CashEdge’s Intelligent Money Movement POPmoney person-to-person payments service in the next few weeks.
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The company said POPmoney is the first e-mail and mobile person-to-person payments service for financial institutions that allows credit union members to send an electronic payment directly from their online or mobile banking service, simply by using the recipient's e-mail address, mobile phone number or bank account information.
POPmoney includes support for text messaging, WAP and downloadable mobile applications, enabling financial institutions to extend their P2P functionality to mobile phones.
CashEdge is based in New York.
