Millennials are big adopters but others age groups are showing interest

Person-to-person payments, or P2P, is reaching a tipping point of adoption and is poised to reshape the payments landscape in the near term. According to Accenture’s recent 2017 North America Consumer Pulse Survey, 68% of Gen Z consumers are interested in P2P payments more than any other age group. Accenture’s Managing Director Lee Manfred discusses why traditional banks need to stake a claim in this market—and how to do so.

During the podcast, conducted by Mike Sisk, Contributing Editor to PaymentsSource, Mr. Manfred offers insights into the current state of the P2P market, the major tech players in the space, how their offerings compare, and what banks are doing to get more traction with P2P.

To learn more about Accenture’s recent consumer survey results and the 10 Mega Trends Driving the Future of Payments, visit www.accenture.com/10PaymentsTrends.