Send Money to Friends and Family
Popmoney® is an innovative personal payment service that eliminates the hassles of checks and cash. Popmoney allows you to send and receive money as easily as you send and receive email and text messages. Best of all, you don't need a separate account. Just use your current U.S. checking or savings account. With Popmoney, you can send and receive money using your financial institution's online banking site. It's just that easy!
How it Works
Sending Money
- To send money, log in to your F&M Online Banking account and click on the Bill Pay tab at the top of the page. Then, click the Popmoney tab.
- Send money using the recipient's name and email address, mobile number or checking/savings account information. You can even make it special by using one of our eGreetings.
- You will receive a confirmation message when the transaction is complete.
- Your recipient will receive a message at the email or mobile number you used to send funds instructing him or her on how to receive the payment. If the recipient's financial institution is part of the Popmoney network, he/she will be able to accept the funds through their financial institution's online banking site. If not, the recipient will be directed to Popmoney.com to pick up the funds. If you used the recipient's bank account information, an email notification is optional and funds are deposited automatically.
Receiving Money
- You will receive an email or text message telling you someone sent you money.
- Log in to your F&M online banking account and go to the Bill Pay tab. Then, direct the funds to your bank account.
- Money sent to a specified bank account will be automatically deposited there.
How will the recipient know I sent money using Popmoney?
The recipient will receive a payment notification to the email or mobile number used to send funds. The notification will include instructions on how to receive the funds. A reminder message is sent if the recipient has not taken action in three (3) days. Message and Data charges from your telecommunications provider may apply. Bank account information (routing and account number): The money will be deposited into the recipient's bank account. You may choose to notify the recipient by sending an email message.
When will the funds be available in the recipient's account?
Funds may be available in the recipient's checking or savings account as early as one business day from the date they accept the funds. The recipient will receive a confirmation email with the date the funds will be in their account.
What type of accounts can I use to send the payment to?
Payment can be directed to a checking, savings, or money market account held at a U.S. financial institution.
Do payments expire?
Yes. The recipient has 10 days from the date of the payment notification to provide checking or savings account information. After 10 days, if the funds have not been accepted, the payment expires and the funds are returned to the sender.
Is the Popmoney service secure?
Yes. Popmoney was created with your financial security in mind. Popmoney is built on the industry's leading online money movement platform and utilizes superior risk management and fraud protection services. This is the same online money movement platform used by thousands of financial institutions, including many of the nation's top banks.
Terms and Conditions apply.