09-Jan-18, The Financial Brand
While digital transactions the likes of checking balances, transferring funds, depositing checks, and paying bills have all become part of the new banking landscape, consumers and businesses are beginning to wrap their minds around and embrace more recent arrivals such as mobile wallets and P2P apps.
A spate of P2P apps have descended upon the market. "All market indicators point to person-to-person (P2P) use to be the ‘next big thing," says the Digital Banking Report. This service is one of the strongest components of increasing ongoing consumer engagement.