peer-to-peer payments

Younger Consumers Drive Surge in Peer-to-Peer Payments App Popularity
Younger Consumers Drive Surge in Peer-to-Peer Payments App Popularity
March 06, 2024  |  Money Mobility

Peer-to-peer (P2P) payments have grown increasingly popular in the past several years. This is especially true for younger consumers, who prefer a digital-first payment experience....

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P2P Payments Surge as Firms Pursue ‘Everything App’ Vision
P2P Payments Surge as Firms Pursue ‘Everything App’ Vision
January 22, 2024  |  Mobile Wallets

Peer-to-peer (P2P) payments are booming, with transaction volumes rising by 25%. This surge is caused by a growing number of businesses racing into the P2P...

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X Heralds P2P Payments With @XPayments Account
X Heralds P2P Payments With @XPayments Account
January 21, 2024  |  Payments Innovation

Is X getting closer to adding peer-to-peer (P2P) payments to its platform? Elon Musk’s social media company announced plans to launch such an offering earlier this month....

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Consumers Need Incentives to Pick Pay-by-Bank Options
Consumers Need Incentives to Pick Pay-by-Bank Options
December 18, 2023  |  Retail

Account-to-account (A2A) payments do just what the name implies: transfer funds between bank accounts in near real time. These payments have gained traction in recent...

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GoFundMe Allows Venmo Payments to Speed Maui Wildfire Relief
GoFundMe Allows Venmo Payments to Speed Maui Wildfire Relief
August 24, 2023  |  Digital Payments

GoFundMe says it has added Venmo as a payment method to speed fundraiser donations. “Sixty-one percent of donors are most likely to hear about causes through word of...

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PayPal Buy Now, Pay Later Grabs $6B of Payment Volumes, Up 70%
PayPal Buy Now, Pay Later Grabs $6B of Payment Volumes, Up 70%
May 08, 2023  |  Earnings

PayPal’s latest earnings results show users are transacting more often, and buy now, pay later is increasingly embraced at checkout. The company’s earnings materials show...

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Small Businesses and Consumers Complete 639 Million Transactions on Zelle in Q1
Small Businesses and Consumers Complete 639 Million Transactions on Zelle in Q1
April 17, 2023  |  Payment Methods

Consumers’ and businesses’ use of Zelle increased about 30% year over year in the first quarter. The number of transactions completed using the peer-to-peer (P2P)...

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Rising P2P Payments Driving Demand for More Seamless Money Movement Options
Rising P2P Payments Driving Demand for More Seamless Money Movement Options
April 11, 2023  |  Payment Methods

Call it peer-to-peer or person-to-person, but P2P is taking on new significance in a troubled economy where splitting the restaurant bill or lending your friend...

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Digital Disbursements and Payouts Chip Away at Killing the Check
Digital Disbursements and Payouts Chip Away at Killing the Check
March 28, 2023  |  Digital Payments

With paper check fraud reportedly doubling in 2022, the need for digital disbursement options has never been more urgent — or more desired by consumers, many of...

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