peer-to-peer payment

Person-to-person money

A peer-to-peer payment is a transfer of money directly between individuals, typically through a mobile app or online service rather than cash or check.

Services like Venmo, Zelle, and PayPal let users send money instantly: I'll just P2P you for dinner.

Often shortened to P2P payment.

Related

send money · instant transfer · split · cash · send · request · instant · mobile · app · wallet · bank account · balance · friends · dinner · rent · IOU · reimburse · tap

Categories
Opposites
intermediation

peer-to-peer paymentwire transfer

Electronic bank-to-bank payment

escrow payment · bank transfer · credit card payment

payment direction/structure

peer-to-peer paymentpayroll deposit

Employer-to-account wage transfer

invoice payment

payment medium

peer-to-peer paymentcheck

Order to pay

cashier's check · money order · cash payment · bank draft · certified check

Family

peering, peered, peerage, peeress, payment, payments, paying, payable, payers

Familiarity
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