Boston, November 5, 2015 – Though person-to-person transactions occur daily, electronic P2P is only now beginning to realize its promise. New payment methods are allowing consumers to exchange money digitally, and various industry stakeholders, bank and nonbank alike, are scrambling for their share of this near-greenfield pie. Who will dominate U.S. mobile P2P payments?
Based on a Q2 2015 Aite Group survey of 1,724 U.S. consumers, this research estimates the transaction and dollar volume of P2P payments in the United States across payment method, use case, and generation.
This 39-page Impact Report contains 25 figures and 15 tables. Clients of Aite Group’s Retail Banking & Payments service can download this report.