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person-to-person payment

[ pur-suhn-tuh-pur-suhn pey-muhnt ]

noun

, Digital Technology.
  1. a transfer of funds directly from one person to another over the internet or a mobile phone network, often by means of an app. : P2P


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Word History and Origins

Origin of person-to-person payment1

First recorded in 1995–2000

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person-to-personperson-year