Why P2P is not a four letter word for banks
What is it with banks and peer-to-peer payments via mobile phones? At the end of last week leading US financial institution Wells Fargo launched a new P2P service that enables its customers to send money to one another by using their mobile number. The service will be expanded over time says the company so that Wells Fargo customers will be able to exchange funds with the customers of other banks via their mobile phones.
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