P2P

Facebook Is Discontinuing P2P Payments in Messenger in the UK and France on June 15

Facebook is pulling away from its ambitions to provide peer-to-peer money transfers via Messenger in Europe. Today, the company announced that it would be discontinuing the service — which let individuals send money to each other — in the two countries in the region where it had rolled it out, the UK and France on […]

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Keeping P2P Payments Fraud-Free

In today’s digital payments ecosystem, businesses, banks and consumers alike want access to their money as fast as possible. While person-to-person (P2P) payment solutions and real-time payment platforms are making the quick exchange of funds possible, fraudsters also see an opening to exploit these systems’ vulnerabilities.

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Fintech Association to Help Grow P2P Lending

A group of financial technology (fintech) lenders wants to help grow a healthier lending industry and protect consumers by setting out a strict code of conduct for its members.

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A Path to Victory in the Payments Game

All financial institutions have some skin in the Payments Game, but who’s holding the winning hand? No matter the size or scope, make no mistake—everyone is a player in this game. Why? Because people buy a lot of stuff, and they want their payments to be a no-brainer: convenient, secure and reliable.

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Keeping Track of the Evolving Growth of P2P Payments

Last week, Pay Pal announced earnings and also some growth numbers around its P2P service, Venmo. Yesterday, Early Warning announced numbers for Zelle.

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VIDEO: What Consumer Segment Is Most Likely to Use P2P to Pay Online for Goods and Services?

What Consumer Segment Is Most Likely to Use P2P to Pay Online for Goods and Services? Is it A: Consumers who earn between $75,000 to $99,000B: Consumers who earn $100,000C: Mobile payersD: Young AdultsData for this episode of Truth In Data provided by Mercator Advisory Group’s report –  U.S.

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Zelle, Venmo P2P Payments Race Gains Fresh Fuel in Q3

The third quarter proved more than kind to peer-to-peer (P2P) payments, at least according to financial results for the two main competitors, Zelle and Venmo, which continue to duke it out for market share and consumer loyalty – and doing so as another big digital player prepares to debut a P2P offering. On Tuesday (Oct.

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Amex, PayPal Partner for Pay With Rewards, P2P Transactions

American Express and PayPal have announced a partnership that will improve the digital payments experience for U.S. American Express Card Members paying with PayPal and Venmo.

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PayPal Raises Venmo Fee. Users Rant.

PayPal Holdings Inc. increased a Venmo fee as part of a broader push to make money from the fast-growing mobile payment service, prompting backlash from users on social media.PayPal said it will charge 1 percent when Venmo account holders transfer money quickly to their bank accounts, starting Nov. 6.

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The Zelle Argument

Some credit unions and also community banks are looking askance at some of the newer and faster payment solutions now launching. For person-to-person payments, there has been a vocal debate if Zelle is the right product for customers and members of smaller institutions.

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Google P2P Payments via QR Codes in the Offing?

Google is working on using QR codes to allow its users to send peer-to-peer (P2P) payments. While Google Pay already enables P2P payments, XDA-Developers revealed that the company is adding support for QR codes to make that process a bit easier, at least if a user needs to pay someone they just met and make […]

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Zelle No! Credit Unions Balk at Joining Bank-run P2P Network

Some credit unions won’t join the bank-operated Zelle P2P network – even as their members demand the service. Zelle doesn’t require a bank or credit union to participate in its network to allow it to receive funds; so even Zelle holdouts will see some activity on their accounts.

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