P2P payment

Send money digitally

P2P payment is a transfer of money directly between individuals, bypassing traditional intermediaries like banks or cash.

The term comes from peer-to-peer, emphasizing the direct person-to-person nature of the transaction.

Apps like Venmo, Zelle, and PayPal have made P2P payments routine for splitting bills, paying rent, or reimbursing friends: Just P2P me for dinner.

Related

send money · send · split · request · instant · mobile · digital wallet · wallet · friend · dinner · rent · roommate · tap · ping · notification · balance · linked · bank

Opposites
transaction intermediation

P2P paymentwire transfer

Electronic bank-to-bank payment

bank transfer · check · cashier's check · money order · escrow payment

payment method modernity

P2P paymentcheck

Order to pay

cheque · money order · cashier's check · bank draft · postal order

transaction parties

P2P paymentcommercial transaction

Exchange involving payment

invoice payment · payroll · accounts payable

Family

P2P, payment, pay, pays, paid, paying, payable, payer, payee

Familiarity
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Used worldwide · Rated G