Neobank Varo Says Instant P2P Payments Key To Customer Retention, Growth
Customers are hungry for peer-to-peer (P2P) payments, and neobanks see the potential to recapture P2P ground that others now occupy. In the latest edition of the Disbursements Tracker, a PYMNTS and
Ingo Money collaboration, Wesley Wright, Varo’s chief commercial and product officer, explains how partnerships can help neobanks use P2P to retain customers and grow deposits.