Popmoney is a person-to-person payments service offered by Reliabank allowing you to send secure electronic payment to anyone no matter where your recipient banks. You can access Popmoney directly from the security and convenience of Reliabank's online banking. Send money directly from any of your Reliabank accounts to anyone using his or her email address, mobile phone number or bank account information. Similarly, you can receive money from others to your Reliabank accounts.
Popmoney works in 4 easy steps:
1. Log In: to your Reliabank online banking. Then select "Bill Pay" from the services menu. Once in Bill Pay simply click "Popmoney" on the menu
2. Send Money: provide the email address, mobile phone number or bank account information of the recipient. Then, just tell us from which of your Reliabank checking or savings accounts to withdraw the funds, how much to send, and when to send the payment.
3. Notify Recipient: if you sent the money using an email address or mobile phone number, the recipient will recieve a message via email or text message with instructions on how to deposit the payment. If you sent the payment to a recipient bank account, the money will be directly deposited into the recipient's account.
4. Deposit Payment: There are two ways to deposit a payment. If the recipient's bank offers Popmoney, the recipient can deposit the payment directly through their online bank service. If the recipient's bank does not offer Popmoney, the recipient can deposit the payment directly into his/her bank account by following the simple steps at www.Popmoney.com.
Plus you can easily include an Egreeting to your recipient for a Thank You, Birthday, Congratulations or any other occasion.
Each transaction costs just $.50 - the price of a stamp to mail a check to someone. Plus it arrives much faster in their account!
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