Consumers transferred over $1 trillion in 2012 using electronic channels, including both account-to-account (A2A) and person-to-person (P2P) payments, according to Javelin. Money transfers, like all other aspects of the payment industry, are going through a transformation. Consumers expect fast and ubiquitous connectivity between their own accounts and those of friends and family. They want online and mobile capabilities and many players are competing to make this a reality.
Join Nick Holland and Aleia Van Dyke as they explore both the competitive landscape of money transfer networks offered by both financial institutions and nonbank players. This webinar will further explore which segments of consumers are the prime targets for P2P, with particular attention paid to transfers initiated with a mobile device.
This webinar will delve into key questions, including:
- What is the market sizing for each of the transfer channels?
- What channel options are likely to be most successful for P2P delivery?
- What is needed for consumers to fully adopt mobile P2P technology?
- Which players — established providers and new entrants — are changing the P2P transfer market?