Why Financial Institutions are the Future of P2P Payments

Today, Fiserv announced that it will combine ZashPay and Popmoney, creating a network of 1,400 banks and credit unions offering P2P payments in the United States. In the video below, Sanjeev Dheer, division president at Fiserv, outlines how the creation of a single financial institution based network offering scale, functionality and convenience will be the catalyst needed to transform P2P payments from paper-based interactions to electronic ones.

The idea is for the network to deliver capabilities so compelling that consumers will be willing to change their habits, and then wonder how they ever lived without this convenience,” he says in the video.

Watch the entire video to hear more about the value that the enhanced Popmoney network will bring to financial institutions and consumers alike.

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