P2P Payments: Financial Institution vs. Third-Party Digital Solutions
- Date:February 12, 2014
- Author(s):
- Ronald Mazursky
- Research Topic(s):
- Debit
- PAID CONTENT
Overview
P2P Battle for Access to Core Account Relationships Is Heating Up
P2P payments is not a new concept but an evolving one. Started as a paper-based payment solution, it is morphing into a clean, digital payment method. With such no-fee disruptors as Venmo and Square, Cash, we are now seeing the next move into ultrasimple customer interfaces and social media.
Book a Meeting with the Author
Related content
Beyond The Card: Preparing for the A2A Economy
Account-to-account payments will grow in importance, but they are unlikely to displace cards as the dominant retail payment method in the U.S. because consumers remain attached to ...
Debit Network Control: The Battleground Is No Longer Just Rates
Debit networks are being reshaped by regulation, shifting transaction mix toward e-commerce and digital wallets, and increased competition extending into card-not-present environme...
Debit Payment Data: A Business Strategy, Not Just an Initiative
Data is the most important tool for financial institutions to make strategic decisions and forecast the future. By organizing payment and customer data across systems, banks can cr...
Make informed decisions in a digital financial world