Relax! Now your payments will arrive sooner

November 01, 2016

Waking up early, choosing what to wear, making breakfast, keeping an eye on the kids, driving them to school, and all the while feeling anxious because you are about to be late. These may be a few of the situations you face every morning.

Sometimes, it’s just a matter of routine. But what about when unexpected things happen? Perhaps you forgot to pay the water, electricity, cell phone, cable, or even the loan bills?


What if we told you that your payments can be debited instantly1 with only a few clicks or taps on your cell phone screen?

Staying Up to Date

We are making some improvements to our electronic payment platform so that you can process your transactions more quickly1.

What Has Changed?

Soon all payments issued to businesses through TeleBanco Popular, your electronic account in or through the Mi Banco Móvil app will arrive more quickly. This service allows the amount to be instantly1 debited, and businesses receive their payments the next day. It’s that easy!

For example, did you just remember you’re closing in on the due date to make a payment to a department store card without incurring late fees? Don’t worry. You only have to log in and enter the amount to pay. When you make your payments the funds are withdrawn from your account instantly1 . The payee will receive the payment to be credited to your account the next business day2 . If you have a recurring payment (preprogrammed automatic payment)3 , the business will receive it on the second business day after the effective date of your payment.

Just like with your other financial transactions, you only have to watch out for your payment due dates to avoid late fees, and you’re set!

Times are changing fast, and we have to be on the lookout for new technology trends. In Banco Popular, we are working fast to continue implementing innovations to make your life easier!4

We have saved you a day so you can live it to the fullest, one click at a time.


1Subject to fund availability.

2 As long as the payment comes in or before 5:00 p.m. on a business day.

3 Recurring payments are automatic payments preprogrammed to be made on the same day every set period (for example, the same day each month), or automatic payments preprogrammed for future dates.

4You will find all your payment options in your account and in Mi Banco Móvil.

9 Comments on “Relax! Now your payments will arrive sooner”


    Is not happening on my account, its showing 2 or 3 days in all payments except the one to AEE and BPPR cards.

    1. PopularPopular Post author

      Hello Jose, thank you for get in touch with us. As long as the payment comes in or before 5:00 p.m. on a business day the payment will arrive sooner. Once you make the payment the system will provide you with an estimated time. For more information regarding this service, you can contact us at 787-724-3650 o via our new chat service monday to friday from 8:00 am to 6:00 pm and saturdays 9:00 am to 6:00 pm.

      If you are using a mobile device we recommend you to copy & paste the link in your browser for a better experience. Have a great day!

      1. JULIO


  2. Janice Soderquist (Foderquist)

    I have my payment taken out every month and works great. But my problem is I don’t save statements so don’t know the telephone number on the account I am paying on. I am paying for telephone with internet connection. I do not remember the number, of almost 20 years because we do not use the phone line, only use it for internet. I checked my monthly bank statements and there is no phone number on them. I desperately need that phone number because our internet man cannot fix the problem on the line without it. What do you show as the phone number for me. Janice Soderquist. Sometimes the bill come to my house under Janice Soderquist instead of Soderquist. Thank you

    1. PopularPopular Post author

      Hello Janice, thank you for getting in touch with us. If you need further assistance on this matter you can contact us trough our “live chat”, monday to friday from 8:00 am to 6:00 pm and saturdays 9:00 am to 6:00 pm.

      If you are using a mobile device we recommend you to copy & paste the link in your browser for a better experience. Also, you can call us at 787-724-3659 / 1-888-724-3659. Have a great day

Leave a Reply to JULIO Cancel reply

Please insert all required fields, thank you!