Peer To Peer Payment App. Just download a free app, create your profile and supply your payment card or bank information. Think along the lines of western union (long before mobile), or paypal. Peer to peer payments or p2p payments is an electronic transfer made by one individual to another with the help of a mechanism that is called p2p payment application.
Terms of the deal are undisclosed. Whatsapp has been working on a mobile payment solution in india for a long time, with the first test runs starting all the way back in 2018.after this extensive period of trials and an unrelated.
P2p mobile payment apps have a range of use cases that include:
Cash app — formerly square cash, this peer to peer payments app does pretty much the same thing as venmo, but without the social features. Splitting the bill with cash is also just a pain, and newer peer to peer (p2p) payment apps are so much more convenient that it's truly silly in 2020 not to be using one. Think along the lines of western union (long before mobile), or paypal. The p2p app’s bank account is the actual receipt of the money.
