The peer-to-peer (P2P) payments market is booming. Regulatory compliance is a major pain point for P2P payment providers looking to capitalize on dramatic growth within the payments segment. Interested to know how identity verification technology is transforming the payments sector? Download our report!
They’re faster, simpler, more reliable, more convenient, and often cheaper than conventional payments. They also allow users to transfer money at the touch of a button, while keeping their bank details confidential. But P2P payments platforms can also suffer from high rates of fraud.
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