Under the deal, US Bank will be able to offer clients the Popmoney service via its website and a downloadable mobile banking application, dubbed US Bank Mobile Wallet. Popmoney is set to allow bank customers to send money from their bank account, using a recipients email address, mobile phone number or bank account information. Popmoney provides support for text messaging, WAP and downloadable mobile applications.
US Bank is a subsidiary of US Bancorp, a financial services provider that owns 3,025 banking offices in 24 states across the US.
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