Popmoney For Disbursements Debuts

BROOKFIELD, Wis.—Fiserv has announced the launch of Popmoney for Disbursements, a new service the company said streamlines and speeds the currently check-dominated process used by businesses to send payments to consumers. “The new service is part of a suite of products anchored by the Popmoney personal payment service that facilitate electronic payments between people and other people, people and businesses, and businesses and other businesses,” Fiserv said. Popmoney for Disbursements is targeted to businesses that make frequent payments, also known as disbursements, as well as financial institution treasury departments that make payments on behalf of corporate clients. For info: www.fiserv.com.