The consumers powering today’s economy are increasingly digital-first, meaning money mobility is a top requirement for any financial services provider — especially FinTechs set on winning consumers away from traditional banks. PYMNTS’ research finds that peer-to-peer (P2P) transfers are the top services that consumers expect...
Nearly 60% of consumers now use money-storing apps, which they use for everything from peer-to-peer (P2P) transfers and retail purchases. Capitalizing on this growing user base requires merchants and banks to understand which apps consumers prefer and the features that make them sticky. General-purpose apps,...
Mastercard has expanded its partnership with Rakuten Viber to bring peer-to-peer (P2P) payments to Romania via Moneytou, which makes transferring money easy, quick and secure, Mastercard announced on Tuesday (Feb. 25). Moneytou harnesses the Mastercard Send platform to authorize real-time money transfers to any eligible...
The Western Union Company, a global payments company, announced Wednesday (May 10) that it has activated its 40th wu.com transactional website, now providing full digital access for cross-border person-to-person (P2P) money transfer services across major developed nations, including the U.S., Canada and major parts of...
January 24, 2023
Nearly 60% of consumers now use money-storing apps, which they use for everything from peer-to-peer (P2P) transfers and retail purchases. Capitalizing on this growing user base requires merchants and banks to understand which apps consumers prefer and the features that make them sticky. General-purpose apps, such as PayPal, allow consumers to spend their stored funds […]
February 25, 2020
Mastercard has expanded its partnership with Rakuten Viber to bring peer-to-peer (P2P) payments to Romania via Moneytou, which makes transferring money easy, quick and secure, Mastercard announced on Tuesday (Feb. 25). Moneytou harnesses the Mastercard Send platform to authorize real-time money transfers to any eligible card. Mastercard Send lets users send and receive money how, […]
May 11, 2017
The Western Union Company, a global payments company, announced Wednesday (May 10) that it has activated its 40th wu.com transactional website, now providing full digital access for cross-border person-to-person (P2P)...
