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BECU launches P2P payments service
SEATTLE (4/7/10)--Boeing Employees CU (BECU) has launched CashEdge’s Popmoney, a person-to-person payments service. The service allows the $8.6 billion asset credit union’s members to send money from their accounts online or by mobile phone to a recipient, using the recipient’s mobile phone number, e-mail or account information (Datamonitor March 24). BECU is offering Popmoney to extend the reach of its online and mobile banking capabilities, said Howie Wu, BECU vice president of virtual banking.


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