Comments
Ally Launches Mobile Payments Upgrades
Newest First  |  Oldest First  |  Threaded View
Jonathan_Camhi
50%
50%
Jonathan_Camhi,
User Rank: Author
11/5/2013 | 6:11:16 PM
re: Ally Launches Mobile Payments Upgrades
That's a cool use case. I definitely would have been happier taking P2P payments back when I was a freelancer. Better than waiting forever for the checks to come in the mail.
Byurcan
50%
50%
Byurcan,
User Rank: Author
11/1/2013 | 7:20:30 PM
re: Ally Launches Mobile Payments Upgrades
My wife's company uses Popmoney to pay freelance employees and they find it's working well so far. P2P services, especially mobile ones, will just become more popular as the world continues going this way. Most younger workers would probably rather be paid via Popmoney or a similar service than be handed a check, as they very rarely go to their bank branches.
Jonathan_Camhi
50%
50%
Jonathan_Camhi,
User Rank: Author
11/1/2013 | 7:07:16 PM
re: Ally Launches Mobile Payments Upgrades
I've heard people talk about that small business use case but I haven't actually seen it yet.
Byurcan
50%
50%
Byurcan,
User Rank: Author
11/1/2013 | 6:16:02 PM
re: Ally Launches Mobile Payments Upgrades
Electronic P2P services like Popmoney are also becoming increasingly popular with small businesses, as it's easier and cheaper than cutting checks. I know of several small business that use Popmoney quite a bit to pay contractors.
Jonathan_Camhi
50%
50%
Jonathan_Camhi,
User Rank: Author
11/1/2013 | 4:07:26 PM
re: Ally Launches Mobile Payments Upgrades
PopMoney recently added instant delivery funds to its offering. That seems pretty useful to me. You can send someone money from your mobile phone and the funds are instantly made available to their account. That's the kind of simplicity and convenience customers are increasingly coming to expect.


Register for Bank Systems & Technology Newsletters
White Papers
Current Issue
Bank Systems & Technology Dec. 2, 2014
BS&T's 2014 Elite 8 executives are leading their banks to success, whether it involves leveraging the cloud, modernizing core systems, or transforming into digital enterprises.
Slideshows
Video
Bank Systems & Technology Radio
Archived Audio Interviews
Join Bank Systems & Technology Associate Editor Bryan Yurcan, and guests Karen Massey and Jerry Silva from IDC Financial Insights, for a conversation about the firm's 11th annual FinTech rankings.