Peer-to-peer (P2P) payments are no longer a niche convenience; they are a primary driver of customer expectations. With 81% of U.S. consumers using a P2P app, customers expect a seamless, in-app experience. Financial institutions that fail to provide it, risk significant attrition—one in three users of a major P2P app would switch banks if their FI stopped offering it.
Download the article to learn:
- The financial benefits of offering P2P (increased revenue, debit card use, and operational savings)
- Why P2P is a "competitive necessity" to protect your deposit base
- How to unify P2P alongside FedNow®, RTP®, and ACH in a single payments hub
- The future of P2P for small businesses, rent, and invoices