Peer to Peer (P2P)

P2P (in long Peer to Peer) stands for the direct transaction between two users without a mediator. The term is derived from the exchange platforms for pirated copies of music or films. A lending methodology which is often used today is the P2P-lending where persons lend money to each other without including a bank. In the payments area, there are P2P-payments where users send one another smaller amounts of money via electronic systems and in real-time.