Quick meaning
Sending money directly between two people using a mobile app, without going through a traditional bank process.
Think of it like this
Like handing cash directly to a friend, but done digitally.
Where you may see this
You may see this in banking apps, checkout screens, delivery updates, and digital payment instructions.
Why it matters
Knowing the term helps you pay safely, understand what a screen is asking for, and avoid costly mistakes.
Say it simply
Peer-to-Peer Payment means: Sending money directly between two people using a mobile app, without going through a traditional bank process.