Five Apps for Paying Friends, Family, and Businesses
Here are some of the biggest players in P2P, all free and including the latest entrant to the field of battle.
Photographer: Getty Images
Person-to-person payment services are booming in the U.S. as more players vie for a piece of a $1.2 trillion market.
For tech firms like Apple and Facebook, it’s a chance to push deeper into financial services, while keeping users within their expanding ecosystems. For the incumbent banks, P2P is key to controlling vast reams of valuable customer data.