Debit

Order Form

    This individual Report U.S. Market Forecast for P2P Solutions, 2017–2021 is available for purchase. This Report is available to members of Mercator Advisory Group’s Debit Advisory Service. Please be advised that this Report is normally part of a research and advisory service that provides ongoing support throughout the year. As such, this Report contains significant depth of content that is selected for its strategic importance to our members. (For a description of these services, see our Advisory Services section).

    While the Report represents significant analyst time invested, there is no means of our ascertaining if it will fully meet your specific intended purposes. Typically, these Reports form the basis for future discussions with our clients where we are able to fine-tune additional information that we have gathered in the construction of the series of Reports (or locate new information rapidly due to our exclusive focus on gathering information in the payments industry) for specific member needs.

    Unfortunately, in fairness to our paying members, we are not able to offer this level of support for a single Report purchase. We will, however, credit any Research Document purchase against the future purchase price of the service should you become a member within 30 days of purchasing the document.

    The price for individual Report purchases is $2950 per document. 

     

    Use the form below to request this individual Report purchase or

    Click here for a fax-back order form

     

     

     

U.S. Market Forecast for P2P Solutions, 2017–2021

Mercator Advisory Group releases new research and U.S. market forecast for person-to-person payment products.

The adoption of person-to-person (P2P) transaction applications is growing at rates the U.S. retail banking has not seen since the rush to launch debit cards in the late ‘80s and early ‘90s. P2P products for money transfers between individuals have now reached the point of mainstream adoption.

With the volume of digital P2P transactions now greater than $100 billion in the U.S., financial institutions, financial service providers, and financial technology (fintech) companies alike cannot ignore the influence of P2P payments and they are compelled to finalize decisions about how P2P fits into their product suite. A new research report from Mercator Advisory Group, U.S. Market Forecast for P2P Solutions, 2017–2021, addresses the opportunities.

“We are finding that consumers are just as likely to say that they use a debit card as they are a P2P product. In our analysis, we project that the rate of growth in P2P will continue to rapidly impact the use of checks and cash as a form of payment between individuals,” commented Sarah Grotta, Director of the Debit and Alternative Products Advisory Service at Mercator Advisory Group, author of the report.

This report has 18 pages and 9 exhibits.

Companies mentioned in this report include: ACI, Apple, Bank of America, CGI, Chase Bank, CO-OP Financial Services, D3 Banking Technologies, Jack Henry, Early Warning, Facebook, FIS, Fiserv, Google, IBM, Mastercard, PayPal, Square, Visa, and Wells Fargo.

Highlights of the report include:

  • Projected volumes for the U.S. P2P market through 2021.

  • Comparison of available solutions, including products that also facilitate mobile payments 

  • U.S. consumer use of P2P products by brand

  • Considerations for financial institutions making decisions regarding integration to Early Warning’s Zelle P2P product

  • Analysis regarding the adoption of P2P for business-to-consumer disbursements