Popmoney is a new feature within Online Banking that lets you send and receive personal electronic payments to and from virtually anyone, using email and text messages.
How Popmoney Works
The money you send and receive using Popmoney ultimately transfers from bank account to bank account. The convenience is that now you only need to know someone's email address or mobile phone number to send money. The recipient will be notified via the method you choose, and can decide where they want the money deposited. If you know the recipient's bank account information, you can direct money straight into an account as well.
The many ways to use Popmoney
Popmoney offers a convenient alternative to cash and checks, and can be managed within the Bank of the West online banking experience. There are many ways to use Popmoney to make personal payments easier, such as:
- Paying rent & other household expenses
- Sending money as a gift
- Making charitable donations
- Sending money to students
- Contributing money to a group gift or dinner
Bank of the West customers can access Popmoney by choosing the "Pay Other People" feature on the Transfers page within Online Banking.