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P2P Payments Market in the US Is Expected to Cross US $200 Billion by 2020

Because of the absence of a common network for all the financial institutions, P2P transaction systems are of high importance in the United States when compared with other countries. Financial institutions and payments service providers are taking initiatives to build real-time payments network in the US to give a new direction to P2P payments. In the last five years, the US P2P payments market has seen a stupendous growth, driven by technology players, banking and financial institutions and startups

The report talks about the overall payments industry in the US, P2P payments market, key players in the P2P payments market in the US, latest trends in the P2P payments space and government regulations.

In the US, consumer pre ...

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