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March 1, 2022
US Peer-to-Peer (P2P) Mobile Payment Users, by Platform, 2019-2026 (millions)
Note
A mobile P2P payment is a transfer of funds from one individual to another individual using a mobile phone. Includes transactions made via mobile browser or applications developed by nonbank providers like Venmo, Cash App, Google Pay, and Facebook Messenger and transactions made via mobile banking ... websites and applications developed by banks like Zelle; excludes P2P cross-border transactions, P2B transactions, B2B transactions and B2C transactions. P2B payments are from people to businesses, e.g., customers paying a small business using Venmo; also known as peer-to-merchant payments. B2B payments are from businesses to other businesses, e.g., business or operational expenses. B2C payments are from businesses to consumers, e.g., payroll or supplemental benefits; also known as business-to-person payments.Methodology
Estimates are based on the analysis of the market presence of major mobile payment players; estimates from other research firms; and consumer smartphone, mobile payment adoption and retail spending trends.Chart Title
US Peer-to-Peer (P2P) Mobile Payment Users, by Platform, 2019-2026 (millions)Publication Date
March 1, 2022