POPMoney - An alternative to PayP**?

[schaedj]

My bank (PNC) just started offering a new online service called POPMoney. It allows you to transfer funds to anyone using either an e-mail address or bank routing information. If you receive money, you go into the POPmoney site and put your routing info in, and they direct deposit it to your account. My bank claims there are no fees associated with the service (They don't charge me anything for online Bill Payment, either). I'm wondering, has anyone tried it? Does it work? Seems like a good way to stop worrying about PayPal and the secret coded messages for payments.

Let me know what you think...

- schaedj

 

[schaedj]

Bumping this up for the evening crowd. I'm really looking for a reasonable alternative to the money order method. Any ideas?