What is the difference between a Cancel Payment and a Stop Payment in Popmoney?
You may choose to cancel a payment any time before the payment has been initiated and the funds have been debited from your account. There is no charge for canceling a payment. Once the payment has been initiated and the funds have been debited from your account, you’ll have the option to stop the payment. A stop payment can be placed up to the point the person you are paying accepts the payment to have the funds deposited into their account. There is a $36 stop payment fee.