elgato
Joined: 24 Feb 2005
Posts: 16923
Location: Texas
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| Posted: Mon May 03, 2010 9:47 am Post subject: PayPal: Demand for Electronic P2P Payments Growing Rapidly |
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A study released this week sponsored by FIS, PayPal and NACHA, found that demand for electronic P2P payments and transfers is growing rapidly, and that the interest of making these and other payment transactions through an ePayment Portal is also strong.
According to the study, of those who were interested in the Portal concept, 70% would be likely to use P2P payment services within that Portal.
"Results showed that almost 50 percent of consumers surveyed expressed interest in replacing cash and checks using electronic P2P for common needs," says Dan Schatt, GM of PayPal’s Financial Innovations team. "For example, sending money to a child at college, sending money out of the country or splitting the cost of a gift with family members, co-workers or friends."
more.. link to news article |
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