Send anyone money from your CFCU account to their bank account by only knowing their phone number or email. It costs you nothing to send, and costs nothing for them to receive.
Simply amazing technology found in our Digital Banking!
Popmoney
Some things in life are designed so well it feels like magic. Popmoney is one of these.
How it works
Three simple steps.
1. Log in to Digital Banking and click on 'Payments'. Navigate to 'PopMoney'.
2. Enter which CFCU account you'd like to send from and the amount.
3. Enter the recipient's cell phone number or e-mail.
That's all there is to it! Amazing technology, delivered digitally.
Fees and Limits
Paying anyone, any time, by just knowing their phone number or email. You might assume such a technology is going to cost you a pretty penny...
We just view it as another benefit of membership!
Fee to send: $0.00
Fee for recipient: $0.00
Fee to receive: $0.00
Limit: $1,000 / month.
You get what you pay for. Unless you bank with CFCU that is... then you get more.
FAQ
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What is Popmoney?
Popmoney is an innovative personal payment service offered by CFCU that eliminates the hassles of checks and cash. Now, sending and receiving money is as easy as emailing and texting! And you don't need a new account to send or receive money. Just use your current CFCU Checking Account.
The person you are sending money to does not need to even be a CFCU member!
It is free to send, and free for the recipient to get the money.
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When using Popmoney, will my account information be shared with the recipient?
No, your account information will not be shared with the recipient. The recipient will only see your first name, last name, and the message you wrote for the payment. When you send a payment to an email address, the recipient will also see your email address. Similarly, you will not be able to see the recipient's account information.
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Can I directly pay another person in Digital Banking?
Yes, within Bill Pay, you may use the Popmoney service to send money to anyone within the United States. You simply need the person’s name and either email address or cell phone number! This is free to send and free for them to receive!
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How does Popmoney work?
Sending Money
To send money, log in to your digital banking account and click on the Payments tab. Navigate to Popmoney.
Send money to anyone using their email address, phone number, or account information.
You will be notified when the transaction is completed.
Receiving Money
When someone sends money to you, you will receive an email or text message.
If you are a CFCU Member you can log in to your account and direct the funds there.
If you do not provide your account information, the payment will be automatically returned to the sender's account.
Money sent directly to an account will be automatically deposited. No action is required by the recipient.
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What can I use Popmoney for?
Popmoney is easy and convenient for you and the people you send money to. They can simply receive the money into their bank account digitally.
The following are just a few of the convenient ways that you can use Popmoney:
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Send money to your child at college
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Send a gift to family and friends
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Reimburse friends for that fun outing
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Pay your babysitter or your lawn care service
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Pay rent to your landlord or roommates
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Request Money
Request money from anyone, as long as they have a U.S. based phone number or email address!
If a friend owes you $20 for dinner, simply put in their phone number or email address and you can request the money from them...it's that easy!
Fees and Limits:
Fees: $1.50 per transaction
Minimum Request Amount: $10.00
Maximum Request: Determined by your payment limits
*A request is valid for 30 days regardless of the requested due date by the user.
To Use:
Three simple steps.
1. Log in to Digital Banking and click on 'Payments'. Navigate to 'PopMoney'.
2. Once there select 'Request Money'.
3. Enter the recipient's cell phone number or e-mail and other required information.
That's it!
The recipient's financial institution may charge a fee.