P2P

Person-to-Person (P2P) services allow money transfer from one bank account to another. A person’s bank accounts are connected to a website that allows them to directly share money or via an Escrow solution. It’s crucial that the sender and receiver both are using the service from the same website. Websites that offer P2P services are PayPal, Stripe, Braintree, and MangoPay, etc.

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