RIVERSIDE, Calif.–Altura credit Union has launched the easy-to-use, personal payment service, Popmoney, for its members. Popmoney, from Fiserv, eliminates the hassles of checks and cash, and makes sending and receiving money as easy as emailing and texting, the company said.
To access Popmoney, Altura members simply need to enroll in Web Bill Pay, which is free. They can use Popmoney to send funds by email, mobile device or directly to another person’s bank account for a small fee of less than $1. Popmoney also can be used to receive money, which is usually free for the person receiving money.
“It’s another tool we are happy to introduce for our Members,” said Jennifer Binkely, Altura chief operating officer. “The convenience of this service makes it easier for our Members to manage their financial lives. Services like this and Apple Pay, which we launched in February, are increasingly popular.”
Popmoney can be used in all kinds of ways, such as getting reimbursed for concert tickets purchased for a group, managing a child’s sports team expenses, or paying recurring payments such as to a roommate for a share of the rent.
“Convenience is only one part of Popmoney. You also can set up reminder alerts when payments are due, or use Autopay to never miss payment,” said Binkely.