December 11, 2009
Pay me, pay you
A recent wave of investment in new person-to-person payment services among US banks shows some of the options available to Australian banks.
BY ELTON CANE
If Australians want to pay money to friends, family members, or even individual service providers – what’s known as person-to-person (P2P) payment – they currently have four main options: physical cash exchange, a cheque, direct credit initiated online or from a branch, or PayPal.
Written by: Elton
Filed Under: *Online Banking Review, Payments
Tags: BPay, Fidelity, Fiserv, micropayments, P2P payments, PayPal
Trackback URL: http://www.bankingreview.com.au/2009/12/pay-me-pay-you.html/trackback
bill field
January 12, 2010 at 12:37 am
bill field
I agree Nokia,MasterCard,Vodafone, they are all playing in p2p payments, the banks as usual are way behind