P2P Is the New Social ‘Norm,’ BofA Says

Thanks to the likes of Venmo and (soon) Zelle, real-time, person-to-person payments are now an expectation for consumers. In fact, P2P has become the new &;norm,&; Bank of America claims. According to the bank&8217;s Trends in Consumer Mobility Report released today, nearly two in five (36%) adults currently use person-to-person payments, with millennials nearly double that [&;]
Bank Innovation