What is a P2P payment app?

P2P payment apps offer their own unique features — but what they all have in common is that they make it easy to get money quickly to someone, without needing to enter lots of bank details. Usually all you’ll need is a user ID, email or phone number.

What is P2P file sharing?

When most people hear the term P2P, they think of peer-to-peer file sharing over the internet. P2P file-sharing systems like Napster became the most popular type of internet application in the first decade of this century. A P2P network implements search and data transfer protocols above the Internet Protocol.

Are P2P apps safe?

But you’re probably familiar with names such as Zelle®, PayPal®, Venmo, and Cash App. P2P apps are, by and large, very safe. But like any payment method, it’s still important to be careful with your personal information and your money. Keep reading to learn more about how you can protect yourself—and what to do if you find out you’ve been scammed.

What is peer-to-peer (P2P) networking?

In the context of networking, peer-to-peer (P2P) is a way in which devices can communicate with each other on equal terms. It helps to understand this by comparing P2P to traditional downloads.