Visa On Tap To Pay, Cash Displacement And B2B Payments
PYMNTS
FEBRUARY 13, 2020
Another $5 trillion comes from merchant settlement, marketplace payouts and alternative lending. McInerney also pointed to government to consumer (G2C), which is a “more nascent” market, with presence in government benefits and tax refunds. Peer-to-peer (P2P), he said, is about $20 trillion, and encompasses remittances.
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