Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive
150x172_CUEffect.jpg
Contacts
LISA MCCUEVICE PRESIDENT OF COMMUNICATIONS
EDITOR-IN-CHIEF
MICHELLE WILLITSManaging Editor
RON JOOSSASSISTANT EDITOR
ALEX MCVEIGHSTAFF NEWSWRITER
TOM SAKASHSTAFF NEWSWRITER

News Now

Products
Fiserv combines P2P for PopmoneyZashPay
BROOKFIELD, Wis. (3/9/12)--Fiserv, a financial services technology provider, will combine two of its person-to-person (P2P) payment solutions to create a P2P network that includes 1,400 financial institutions and 35 million consumers.

The company will combine ZashPay, the P2P payment product it launched in 2009, with Popmoney, a P2P product it gained with its acquisition of payments and aggregation company CashEdge in September. The combined service will be called Popmoney.

Through the service, consumers will be able to request money from individuals or groups, import contacts to a payee list and send e-greetings along with electronic transfers. All existing ZashPay and Popmoney customers will be upgraded to the newly combined and enhanced platform by the middle of 2012, according to Fiserv.

"The combination of Popmoney and ZashPay will accelerate the momentum underway in bank-focused person-to-person payments," said Sanjeev Dheer, president of the personal payments division at Fiserv, in a news release. "Consumers strongly prefer the convenience of their banking relationship for conducting these types of transactions. The expanded network enhances the usability of the service and accelerates adoption among consumers and small businesses."


RSS





print
News Now LiveWire
.@LACULeague in @DailyComet: #creditunions' "old" benefits attractive to new generation http://t.co/AzOv3nB7IB
1 day ago
At @FTC request, court halts operations of an alleged debt-relief scammer calling itself “FTC Credit Solutions.” http://t.co/qMsDBmKExH
1 day ago
.@daytondailynews : The secret is out about #creditunions http://t.co/Aqu3pFTROV @DayAirCU @CODECreditUnion
1 day ago
.@CUNA's @Nussle on @SenatorReid :(2of2)On behalf of more than 102M #CU members,I thank him 4 his leadership over the yrs/wish him the best.
1 day ago
.@CUNA CEO Nussle on Sen. Reid’s decision not 2 seek re-election (1of2): Sen. Reid has a long history of #CU support throughout his career.
1 day ago