Need to repay a friend for concert tickets? Need to collect gift
money for the boss' baby shower? Forget the hassle of writing
checks or running to the ATM. Instead, use Popmoney.
There's a quick and easy way to pay the people you know.
Popmoney - a part of SAFE's CheckFree Online Bill Pay. Now you can
send or receive money the easy way at anytime.
As part of our CheckFree Online Bill Pay service, all you need
is the person's e-mail address or mobile phone number. The money
goes directly from your bank account into your friend's account
usually within one business day, regardless of where they bank. And
best of all, no more checks, stamps or cash.
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Zashpay upgraded to Popmoney
On June 10, 2012 SAFE enhanced the ZashPay® personal
payments service. We are combining the best features of ZashPay
with the Popmoney® personal payment service to bring you
even more features than you have today.
To help you easily upgrade to the service, which will be called
Popmoney, your existing ZashPay profile will be upgraded
automatically. Popmoney, the industry leading person-to-person
payment service, will feature an even larger national payments
network and be even easier to use than your current service. You'll
also be able to enjoy new features such as eGreetings, which make
sending money to friends and family fun.
In addition, you will be able to import contacts from popular
email services, access your profile information from a centralized
"To Do List," set up future-dated and recurring payments, add
multiple email addresses for a contact, and more.
What you should know about the upgrade:
- What is Popmoney?
Use Popmoney to pay anyone you know, or owe - it's the easy way to
send and receive money directly from your SAFE Federal Credit Union
account. Pay your rent or send money to your kids away at college -
it's safe and secure and all you need is an email address or mobile
phone number.
- What's the most important thing I should know about the
new Popmoney?
The upgraded Popmoney will be even easier for you AND your friends
and family to use. You'll enjoy a better, more powerful user
experience, as will your friends and family who use the upgraded
popmoney.com. Most exciting of all, your person-to-person payment
network just got significantly bigger - now the combined
ZashPay® and Popmoney® personal-payment
network includes 1,400 U.S. financial institutions. It's easier for
you and easier for your friends and family to send and receive
money safely and securely in just a few simple steps.
- When will the upgrade happen?
On June 10, 2012 SAFE upgraded its person-to-person payment
service. This upgrade combines the best features of ZashPay and
Popmoney.
- What do I have to do?
Nothing! As a current ZashPay user, you will be automatically
upgraded. You may continue to use the service with no
interruptions. After the upgrade, you will access Popmoney within
your online bill payment center as you access ZashPay today.
However, the tab name will change from Pay People to
Popmoney.
- How will I get to the upgraded service?
Your existing ZashPay profile will be automatically upgraded. You
will access Popmoney using SAFENET, through online bill pay here at SAFE.
Please note that the tab name will change from Pay People to
Popmoney.
- Some of my friends and family bank outside the
"network" and have to go to zashpay.com. What will this mean for
them?
People who do not use a bank or credit union in the Popmoney
network can use the Popmoney service at the upgraded popmoney.com.*
There, they can send and receive money just as you do here at
SAFE.
Those who have already enrolled at zashpay.com will be
directed to go to popmoney.com after the upgrade. Those
users will have to update their username, but their password
will remain the same. All other information will carry
over.
More good news - it will be easier than ever for your friends
and family to get the money you send. They can use the "Quick
Deposit" feature to deposit the payment without going through the
full enrollment process. If they choose to enroll so they can send
money as well, they will no longer be required to enter their
social security number. You can even send money directly to a
financial institution account, so your recipient doesn't have to do
anything.
*Terms and conditions apply
7. Will my existing contacts and payment history still
be available?
Yes, all history and contact info will be accessible after the
upgrade.
8. What are the new features?
The upgraded Popmoney will offer several new features. You will
now be able to:
- Personalize your gift payments with an e-greeting template
- Set up future-dated payments and recurring payments
- Import contacts from popular email services (such as
Hotmail®, Yahoo!®,Gmail®)
- Send money using an account number, in addition to using an
email address or mobile number
- Add multiple email addresses and mobile numbers for any
contact
- Respond to all Popmoney activity, including depositing payments
and paying requests, from a central dashboard, or "To Do List"
- Receive money by simply verifying an email address or mobile
phone number (without formally enrolling)
- Access the largest person-to-person payment network for
financial institutions, with 1,400 participating banks and credit
unions.
10. How secure is Popmoney?
From the moment information is sent to Popmoney to the time it is
stored andaccessed again, it is encrypted using industry leading
software, hardware andalgorithms. Security is also utilized at
specific points and actions in the product.For example, to help
prevent an unauthorized person from fraudulentlydepositing someone
else's payment, one-time passcodes are used. For everyinitial
payment to a new email address or mobile phone number, a
one-timepasscode is sent to the user. The user must provide that
passcode back toPopmoney to verify his "ownership" of that mobile
number or email addressbefore he can deposit the payment.
11. How fast can I send and receive money with
Popmoney?
With Popmoney, a recipient can receive money in as little
as one business day. However, in some cases it may take
longer. For example, if you send an email ormobile payment
and the recipient is not yet registered for Popmoney, he/shemust
sign up for the service so that we have their account information
to deposittheir payment. Also, if you exceed your next-day payment
limits, then we willdeliver payments within three business days.
Limits can and will vary and can bechecked by clicking the Help
icon on the Send Money screen.
12. How will payment limits be handled under the
upgraded service?
Limits may vary by user and financial institution.
Limits apply to the amount youcan send per transaction, per day and
per month, as well as to total outstanding payments. You can always
check your limits by going to the "Send Money" screenwithin the
Popmoney service and clicking on the "Help" icon next to the
"Amount" field.
13. Will I be paying any fees?
Fees won't be changed at the time of the upgrade. You
will receive the upgradedfeatures for the same fee you pay to send
money today.
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