A new way to pay people and get paid!
PopMoney is a personal payment service that lets you send money to anyone. It is available to all BankGloucester customers who use online banking.
PopMoney Frequently Asked Questions
Please note that the following is only a few of the most frequently asked questions.
What is PopMoney?
PopMoney stands for “Pay Other People Money” and is a service offered by BankGloucester that allows you to send funds to someone electronically via their email address or mobile phone number. Now, sending money is as easy as emailing and texting!
POPMONEY is easy and convenient to send and receive.
Send: All the sender needs to know is the recipient's
email address or their mobile phone number. The sender can also send
funds directly to someone else’s bank account if they know their bank
account number and routing number.
Receive: The person receiving funds will be able to deposit them into any personal banking account.
Who can I send money to?
You can send money to anyone.
How much can I send?
The minimum amount you can send is $10.
You can send up to $2,000 using Next Day transfer and up to $5,000 using Standard transfer
There are limits to the amount you can transfer - please click the icon next to the Amounts field to view your available limits.
How does the recipient receive and deposit funds?
The recipient will receive a personalized notification indicating that
you have sent them money.
There are two (2) ways to receive/deposit funds:
1.) If the recipient is a BankGloucester customer they can simply log in to their online banking account and accept the funds to deposit directly to their account.
2.) If the recipient would like to deposit the funds into a non- BankGloucester account, they may do so at www.popmoney.com. They will be prompted to provide their mobile phone number or email along with their bank account information for depositing the funds.
How long does it take to send funds with PopMoney?
You can send funds for Express (next business day) transfer or Standard (3 business days) transfer. Your account will be debited on the first or third day, depending on the speed you chose, and the recipient will be notified on that same day that you have sent them money. The money will not be deposited to their account until one day after they “pick up” the funds.
How much does it cost to use PopMoney?
All incoming transfers to your BankGloucester account are FREE.
You may send funds from your BankGloucester accounts for a small processing fee.
Standard transfers (3 business days) $1 per transfer.
Express transfers (Next business day) $5 per transfer.
Can I send funds to a foreign country?
No, you can only send funds using PopMoney to individuals with bank accounts in the U.S.
Can I cancel a payment?
Yes, you may cancel a payment anytime before or on the send date. Your contact will be notified if you cancel a payment after a payment notification has been sent.
Want More Information?
For a more extensive Q&A please log in to your online banking account and select the Pay-Other-People Service.
For additional information please contact a customer service representative!