Mapa Research is part of the Business Intelligence Division of Informa PLC

This is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

PayPal Logo

Report: PayPal and P2P Payments

August 23, 2017

PayPal wants to grow its market share in peer-to-peer (P2P) payments. Spotting an opportunity to bring its proposition closer to customers, the provider is offering access to its P2P payments services directly within partnering apps and channels.

The goal, according to John Kunze, CEO of PayPal-owned Xoom, is to offer more flexibility in terms of how customers send and receive money from each other. But strong competition in the P2P payments market has prompted PayPal to move quickly. In the past year, the company has formed a number of partnerships with leading players – Microsoft, Slack and Skype, to name a few.

At Mapa, we monitor leading players in digital wallets and payments, around the globe. This free report looks at PayPal’s expansion strategy in the P2P payments market, and how its mobile app and its increasingly popular US app, Venmo, are complementing the plan. Download the report to find out more.

DOWNLOAD
X