Few Near-Term Profits Expected For Growing P2P E-Payments Sector

摘要

Many financial service providers are getting into the person-to-person(P2P)payments market for Internet transactions, primarily useful in Internet auctions. However, a new report from TowerGroup states that although the P2P market space will continue to grow in the next few years, it still will lag far behind other consumer-to-business (C2B) online payment methods, and short-term profits will be minimal.