POPMoney is a new product from CashEdge. You can send money via your online banking to another person via email, mobile number or bank account. For me and anyone else who uses PayPal to pay people or get payment, this sounds great.
I am really excited about POPMoney. It could be a great replacement to using PayPal to pay people. There are no fees associated with using POPMoney, but there may be fees assessed by the bank. They will have four banks POPMoney and will roll more by the end of 2009.