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March 1, 2022
US Peer-to-Peer (P2P) Mobile Payment Transaction Value and Users, 2020-2026 (billions and millions of users)
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 non-bank 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 Transaction Value and Users, 2020-2026 (billions and millions of users)Publication Date
March 1, 2022