What is a person-to-person (P2P) payment??
A person-to-person (also called peer-to-peer) or P2P payment is money you send directly to another person.
It’s usually done through apps or services, instead of cash or checks.
Updated June 18, 2026
A person-to-person (also called peer-to-peer) or P2P payment is money you send directly to another person.
It’s usually done through apps or services, instead of cash or checks.