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Currency Fair Review by iCompareFx highlight this global money transfer service's foreign currency exchange rate, money transfer fees, transfer speed, destination countries, coupons and promotion codes etc.

The remittance market size is expected to see strong growth in the next few years. It will grow to $990.33 billion in 2028 at a compound annual growth rate (CAGR) of 5.9%.

P2P payments, or peer-to-peer payments, refer to the transfer of funds directly between individuals without the need for intermediaries such as traditional banks. These transactions are typically facilitated through electronic platforms or mobile apps, allowing individuals to send and receive money from their peers easily.

The P2P payment market consists of sales of P2P payment services by entities (organizations, sole traders, and partnerships) that are used to send and receive money from mobile devices through a linked bank account or card. Peer-to-peer (P2P) payments is a mechanism through which users can transfer funds from their bank account to another individual's account via a digital medium, i.e., the internet or a mobile device. Payments are categorized based on transfer, i.e., to an account within the bank or outside the bank.

Person to person transaction (P2P) also known as peer to peer transaction refers to electronic money transfer technology which allows customer to transfer funds from their bank account or credit card to another individual account. The payment can be sent and received via mobile devices or any home computer with access to the Internet, offering convenient alternative to traditional payment mode. P2P payment is considered to be more convenient for both sender and the receiver. Through the P2P payment application, each individual account is linked to one or more of the user’s banks account.

This Report Talks about Understand the dynamics of the domestic P2P market -which tools are used for what type of transactions; Find out what makes a P2P tool successful both from data and in-depth product analysis; Learn how the domestic and international P2P markets are being disrupted, and what strategies will be most successful going forward; Discover how new technologies can best be leveraged in the P2P market.