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Internet Person-to-Person Payments

Killer app or line extension?

Author
Jim Bruene

Published
Nov. 30, 1999; OBR 54

Pages
20

Format
Printed, PDF, Word

Size
949KB
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Abstract: Online Banking needs a killer app to fuel growth. Person-to-Person payments involve not only the sender but the receiver as long as that person is online, they become a customer in order to receive the payment. Seems like more incentive than usual. And, if it works, nothing makes for a positive response like getting the money.

Contents

  • Building a Real Virtual Bank
  • Product of the Month: Person-to-Person (P2P) Payments
  • Innovations: P2P Payment Providers
  • Confinity (aka PayPal) is first to launch
  • DotBank close behind
  • Checkfree to launch Q2 2000
  • OBR Best of the Web: PayTrust launches SmartBalance statement aggregation
  • Web Tools & Tricks
  • Splash screen from Everbank.com


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