Popular Community Bank Introduces Person to Person Payment Feature

 
 



“Popular People Pay” Gives Customers a Fast, Safe Way to Send and Receive Money Through Popular Online and Mobile Banking

Category:

Miércoles, Febrero 3, 2016 8:30 am EST

Dateline:

NEW YORK

Public Company Information:

NASDAQ:
BPOP
PR7331741061
"In the digital age, banks need to adapt to how customers interact with technology. Our approach is to stay ahead of our customers’ needs and through our online and mobile banking platforms, give them many opportunities to bank how, when, and where they want."

NEW YORK--(BUSINESS WIRE)--Popular Community Bank, one of the nation's premier community banks and a subsidiary of Popular, Inc., announced the roll out of “Popular People Pay,” enabling customers to make person-to-person (P2P) payments through online and mobile banking. Funds can be transferred to almost anyone in multiple ways: email, text, Account-to-Account, check, or PayPal. The person receiving the money is sent a notification via text or email with instructions on how to claim it.

For customers using PayPal, payments are posted instantly. Customers may receive and send funds directly into or from their Popular Community Bank accounts. Funds may also be received into accounts that are not with Popular Community Bank.

“We are focused on creating a banking experience that offers flexibility and options for our customers,” said Manuel Chinea, COO of Popular Community Bank. “In the digital age, banks need to adapt to how customers interact with technology. Our approach is to stay ahead of our customers’ needs and through our online and mobile banking platforms, give them many opportunities to bank how, when, and where they want.”

With Popular People Pay a customer only needs the recipient’s email and/or mobile phone number to send a payment. P2P payments and transfers are available to and from U.S.-based bank accounts. Other features available through Popular Community Bank’s online banking platform include the ability to:

  • Check account balances
  • View up to 90 days of account history
  • Pay bills
  • Make transfers between internal accounts
  • Make external transfers

Through Popular Community Bank’s mobile banking platform, customers may:

  • Check account balances
  • View up to 90 days of account history
  • Pay bills
  • Transfers between Popular Community Bank accounts
  • Make deposits
  • Find bank branches and ATMs

About Popular Community Bank

Founded in 1893, Popular, Inc. (NASDAQ: BPOP) is the leading banking institution by both assets and deposits in Puerto Rico and ranks among the top 50 U.S. banks by assets. In the United States, Popular Community Bank has established a community-banking franchise providing a broad range of financial services and products with branches in New York, New Jersey and Florida.

Popular Community Bank’s services are available at branches and online at http://popularcommunitybank.com. Banco Popular North America is a Member of the FDIC and operates under the assumed name “Popular Community Bank” in the markets in which it operates. For customers seeking more information, call 1-800-377-0800 or email popularnet@bpop.com. Find out about the community service of Popular Community Bank on Facebook at www.facebook.com/PopularCommunityBank. ©2016 Banco Popular North America. Member FDIC.

Contact:

Popular Community Bank
Gabriela Maldonado, 787-217-8522
Gabriela.Maldonado@popular.com

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