How does Popmoney® work?
Send a payment in 4 easy steps!
Step 1: Log into your 1st Source Online Banking account
Select External Transfers from the Move Money tab and then select Pay Other People. Or, log into your 1st Source Mobile Banking App. Tap the More menus and choose Popmoney®.
Step 2 : Send Money
Set up a contact by providing the recipient’s email address or mobile phone number. Then, choose which of your 1st Source accounts to withdraw the money from, how much to send, and when to send the payment.
Step 3: Notify Recipient
If you sent the money using an email address or mobile phone number, we will notify the recipient via email or text message with instructions on how to collect the payment. If an account number is input, then money will be directly deposited into the recipient’s account once they verify their account information. Be sure to let your contact know that you plan to send a payment via Popmoney®.
Step 4: Deposit Payment
There are two ways to deposit a payment. If the recipient’s bank offers Popmoney®, the recipient can log into their Online Banking account and accept the payment. If the recipient’s bank does not offer Popmoney®, the recipient can deposit the payment directly into his/her bank account by going directly to www.popmoney.com. Recipients always receive instructions to help them obtain the funds