Popmoney Request definition

Popmoney Request means functionality that, if provided to you, allows a Requestor to request that another individual initiate a Payment Instruction to the Requestor through the Popmoney Service.

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Popmoney Request means functionality that, if provided to you, allows a Requestor to request that another individual initiate a Payment Instruction to the Requestor through the Popmoney Service. "Receiver" is a person or business entity that is sent a Payment Instruction through the Service. "Requestor" is a person that requests an individual to initiate a Payment Instruction through the Popmoney Service.

Popmoney Request means functionality that, if provided to you, allows a Requestor to request that another individual initiate a Payment Instruction to the Requestor through the Popmoney Service. “Receiver” is a person or business entity that is sent a Payment Instruction through the Service. “Requestor” is a person that requests an individual to initiate a Payment Instruction through the Popmoney Service. “Sender” is a person or business entity that sends a Payment Instruction through the Service. “Service Provider” means companies that we have engaged (and their Affiliates) to render some or all of the Service to you on our behalf. This Service is an optional Online Banking service that enables you: (1) to initiate a Payment Instruction from an Eligible Transaction Account to an account at a U.S. financial institution; and/or (2) to receive a payment from another person into an Eligible Transaction Account, in U.S. dollars (or in gift card value, if applicable). Although the ACH Network is often used to execute Popmoney Service Payment Instructions for the Popmoney Service, other Payment Networks may be used to facilitate the execution and transmission of Payment Instructions. All payments must be made through Online Banking and are subject to the terms of this Agreement and applicable laws and regulations, in each case as in effect from time to time. Receipt of payments may be made through Online Banking and is subject to the terms of this Agreement and applicable laws and regulations, in each case as in effect from time to time. In some instances, receipt of payments may be made through ▇▇▇.▇▇▇▇▇▇▇▇.▇▇▇ (the “Popmoney Website”), and if you choose to initiate or receive a payment at the Popmoney Website, you acknowledge and agree that you shall be subject to the terms of other agreements, including, but not limited to, the “Terms of Use” and “Privacy Policy” for the Popmoney Website and applicable laws and regulations, in each case as in effect from time to time.

Examples of Popmoney Request in a sentence

• If another person wants to initiate a Payment Instruction (including in response to a Popmoney Request, if applicable) using the Popmoney Service to an Eligible Transaction Account you hold or, as applicable, if you as a Requestor want to initiate a Popmoney Request, he, she or you can do that from the Site or from an Eligible Transaction Account at a financial institution that participates in the Popmoney Service or at the Popmoney Website.

• You acknowledge and agree that individuals to whom you send a Popmoney Request may not receive, or otherwise may reject or ignore, your Popmoney Request.

• We do not guarantee that you will receive any payments from individuals by initiating a Popmoney Request.

• If applicable, if you as a Requestor initiate a Popmoney Request using the Service you acknowledge and agree that as disclosed on the Site (a) the applicable service fee will be deducted from payments received by you from a Sender(s), and (b) no service fee will be charged if you as the Requestor do not receive any payments from the individuals to whom the Popmoney Request is sent.

• YOU FURTHER ACKNOWLEDGE AND AGREE THAT ANY APPLICABLE FEES WILL BE CHARGED REGARDLESS OF WHETHER THE PAYMENT INSTRUCTION IS COMPLETED, UNLESS THE FAILURE TO COMPLETE THE INSTRUCTION IS SOLELY DUE TO OUR FAULT, except for those fees that are specifically use-based, such as Popmoney Request, if applicable.

• Popmoney Instant Payments is only available for Payment Instructions submitted by a Sender to a Receiver (and not via a Popmoney Request).

• If applicable, if you as a Requestor initiate a Popmoney Request using the Popmoney Service you acknowledge and agree that as disclosed on the Site (a) the applicable service fee will be deducted from payments received by you from a Sender(s), and (b) no service fee will be charged if you as the Requestor do not receive any payments from the individuals to whom the Popmoney Request is sent.

• Popmoney Request" means functionality that, if provided to you, allows a Requestor to request that another individual initiate a Payment Instruction to the Requestor through the Popmoney Service.

• Receiving Payments: If another person wants to initiate a Payment Instruction (including in response to a Popmoney Request, if applicable) using the Popmoney Service to an Eligible Transaction Account you hold or, as applicable, if you as a Requestor want to initiate a Popmoney Request, he, she, or you can do that from the Online Banking or from an Eligible Transaction Account at a financial institution that participates in the Popmoney Service or at the Popmoney Website.

• If another person wants to initiate a Payment Instruction (including in response to a Popmoney Request, if applicable) using the Popmoney Service to an Eligible UNFCU Account you hold or, as applicable, if you as a Requestor want to initiate a Popmoney Request, he, she or you can do that from the Site or from an Account at a financial institution that participates in the Popmoney Service or at the Popmoney Website.

More Definitions of Popmoney Request

Popmoney Request means functionality, available to individuals only, that allows a Requestor to request that another individual initiate a Payment Instruction to the Requestor through the Popmoney® Service. Popmoney® is a registered trademark of Fiserv, Inc. or its affiliates. Terms and conditions apply. "Receiver" is a person that is sent a Payment Instruction through the applicable Service. "Recipient Account" is your account at another financial institution located in the United States (i) to which you are transferring funds from your Eligible Transaction Account; or (ii) from which you are transferring funds into your Eligible Transaction Account. “Requestor” is a person that requests an individual to initiate a Payment Instruction through the Popmoney® Service. “Scheduled Payment” is a payment that has been scheduled through the Bill Payment Service but has not begun processing. "Scheduled Payment Date" is the day you want your ▇▇▇▇▇▇ to receive your bill payment and is also the day your Payment Account will be debited, unless the Scheduled Payment Date falls on a non-Business Day in which case it will be considered to be the previous Business Day. "Sender" is a person or business entity that sends a Payment Instruction through the applicable Service. “Service Provider” means companies that we have engaged (and their Affiliates) to render some or all of NYCB Online to you on our behalf. “Site” is the New York Community Bank NYCB Online site or mobile banking site. "Transaction Account" is the Account from which your funds will be debited, your applicable Service Use Fees will be automatically debited, or to which funds will be returned. "Transfer Instruction" is a specific Payment Instruction that you provide to the applicable Service for a transfer of funds. "You," "your," and "yours" means the person(s) or entity that is the owner, or authorized signer or any other party-in-interest, of Accounts and who has enrolled to use NYCB Online and each person or entity who uses any service of NYCB Online with the authorization of an owner, authorized signer, or any other party-in-interest, of Accounts. "We," "us," “our,” and "Bank" mean (i) New York Community Bank, including any of its divisions, (ii) NYCB Mortgage Company, LLC, (iii) New York Commercial Bank, with respect to mortgage loans owned by New York Commercial Bank and subserviced by New York Community Bank or its Affiliate, or (iv) any agent, affiliate, licensor, service provider, supplier, independent contractor, ...

Popmoney Request means functionality that, if provided to you, allows a Requestor to