CONTACT US
Enter your Name, Email Address and a short message. We'll respond to you as soon as possible.
Timothy A. Steele
Investment Advisor Representative
Vantage Financial Group
164 Maple Street, Suite 1
Auburn, CA 95603
Cell: 916-559-1025
Fax: 530-820-1890
Email: tim@vantageauburn.com
January/February 2024
Cashless Payments on the Rise
Cash is out. Peer-to-peer (P2P) payments are in. P2P services allow an individual to send money to another person’s bank account through a third-party website or mobile app after linking a bank account or credit/debit card. Since contactless transactions became popular during the pandemic, consumers have begun using P2P systems instead of cash or cards, and many small businesses, nonprofit organizations, and vendors offer that option.
Popular Apps
There are several peer-to-peer payment services, and each one may work a little differently. Zelle is provided by a bank and accessed directly from the bank’s website. Other P2P services, such as Venmo, PayPal, and CashApp, can be accessed through a mobile app when both users have linked their bank account information. Google Pay and Apple Pay Cash are other popular options.Cost
P2P services are generally free for transfers between bank accounts. However, fees may be charged for linking a debit or credit card.
Advisory services are offered through Vantage Financial Group, a Registered Investment Advisor in the State of California.
Vantage Financial Group and LTM Marketing Specialists LLC are unrelated companies. This publication was prepared for the publication’s provider by LTM Client Marketing, an unrelated third party. Articles are not written or produced by the named representative.
The information and opinions contained in this web site are obtained from sources believed to be reliable, but their accuracy cannot be guaranteed. The publishers assume no responsibility for errors and omissions or for any damages resulting from the use of the published information. This web site is published with the understanding that it does not render legal, accounting, financial, or other professional advice. Whole or partial reproduction of this web site is forbidden without the written permission of the publisher.