The Market for P2P Payments is Finally Taking Off

While there have been many false starts, the market for P2P payments is finally taking off in this country; two-thirds of financial institutions offer or are in the process of implementing a domestic P2P offering; cost is a major factor among the holdouts as banks are concerned about the ROI of P2P payments; on the other hand, many banks see it as a tool for engagement as they get more consumers using their online and mobile banking channels. Source.