Mobey Forum Podcast on P2P Payments – Part 1 is brought to you by Mobey Forum’s Bank Disruption Expert Group Chairs.
The discussion is facilitated by Samee Zafar from Edgar Dunn and Company. Our experts on the topic are George Charalambous from HSBC and Jalal Douame from Erste Group Bank.[/vc_column_text][/vc_column][/vc_row]
Discussion is around the following questions:
- What’s new about P2P payments? They have been around for sometime – You can pay anyone through a bank account or there is PayPal?
- Why have P2P payments been successful in some markets such as the US (Venmo; Zelle) & the Nordics (Swish etc) but not in others (e.g. UK)?
- To what extent instant / faster payment infrastructure in a country is pivotal to the success of P2P payments?
- Can P2P payments be offered on a standalone basis? What’s the business model – is there any?