8 top digital wallet companies
In this guide, we’re going to explore how these payments are being made. Services that allow these kinds of peer-to-peer payments have developed and evolved into substantial platforms which are providing individuals with the ease of transferring cash. According to Business Insider, the global market for peer-to-peer transfers and remittances is now worth well over $1 trillion. By 2018, the U.S. market alone for P2P payments could be worth as much as $86 billion. Once, people hoping to send money had a limited choice of weak options. Now we’re spoiled with so many choices among multiple options, each with its own weaknesses and strengths. In this chapter, we’re going to look at the most important of those options, explore how they work and explain the differences between them. And the growth of mobile and peer-to-peer payments matters to entrepreneurs. Peer-to-peer offerings come in a wide range of different ways of moving money from one person to another. There’s also Cash App and ...