Peer-to-Peer (P2P) Payment
Peer-to-peer payment essentially allows users to send payments to anyone with a click of their mobile phone. It is an accessible means of paying bills, in-store purchases, doing groceries, splitting bills payment, and more. It is practical, accessible and convenient for many users.
Who can use it?
Anyone can use peer-to-peer payment. While similar to mobile banking, it’s relatively easy to use and is a more casual approach. Both customers and retail business owners and even typical employees can benefit from this method of payment.
How does Peer-to-Peer (P2P) Payment work?
With the use of your mobile phone, users are free to download a peer-to-peer payment app, log in to their accounts and conveniently pay their others using their smartphones.
Some other payment solutions companies have integrated links with this type of payment method, so that a user can quickly put up a link to his social media platforms, or even in his blog, where his peers can easily see the link and pay him for it.
What is in our offer?
Primarily, Novatti Peer to Peer Payment solution helps users keep track of their IOU (I owe you) with ease. It’s easy to get lost in choosing a reliable and efficient peer-to-peer payment service with the extensive number of companies currently offering different types of P2P services such as PayPal™, Google Wallet™, Venmo, Dwolla, Square Cash, Snapcash, Popmoney.
But with the aid of Novatti’s P2P payment link, users will allow their peers to gain easier access to their accounts thus making payments or settling bills more naturally.
Why Novatti Peer-to-Peer (P2P) Payment solution?
- Not everyone has cash on hand every time and keeping a mental list of bills can be strenuous at times
- Novatti Peer-to-Peer Payment solution makes paying easier by bringing the solution to users
- By tapping on their mobile phones, they can pay back their peers for borrowed cash
- Settle household bills
- Pay for informal services through formal means.
- Organise your virtual wallet with ease
- Another advantage of using P2P payment with Novatti is enabling integration of embedded API with other wallet services such as Google Wallet™ and PayPal™
- Using Novatti Peer-to-Peer Payment solution eliminates the need for cash and checks
- Brings a more convenient means of paying someone