Puerto Rico-based Popular Community Bank has unveiled a payment feature, called Popular People Pay, to enable its users to make online and mobile banking transactions.

The platform allows peer-to-peer transactions in multiple ways such as email, text, account-to-account, check, and PayPal.

Popular People Pay, which requires only recipient’s email and/or mobile phone number to send a payment, is available to and from US-based bank accounts.

Following the fund transfer, the platform sends a notification via text or email with instructions to a person receiving money on how to claim it.

The bank in a statement said that PayPal users may receive and send funds directly into or from their Popular Community Bank accounts, which can be also received in other bank accounts.

Additionally, the banking platform enables users to check account balances, view up to 90 days of account history, pay bills, make transfers between internal accounts, make external transfers.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Popular Community Bank COO Manuel Chinea said: "Our approach is to stay ahead of our customers’ needs and through our online and mobile banking platforms, give them many opportunities to bank how, when, and where they want."