Peer-to-peer (P2P) payment is a mechanism through which users can transfer funds from their bank account to another individual's account via a digital medium, i.e., the internet or a mobile device. Payments are categorized based on transfer, i.e., to an account within the bank or outside the bank. The P2P payment is used to send and receive money from mobile devices through a linked bank account or card. For further insights on the P2P payment market, Read More