Labels:book | hakham | plant | sky OCR: 390 SECTION c CHAPTER 7 What is person-to-person payment? A person- -to-person FIGURE 7.35 payment (sometimes called P2P payment an online payment, or Using person-to-person payment third- -party payment) offers an alternative to credit cards. can be service used to pay for online auction items and to wire money over the Internet The online service called PayPal, now owned by eBay, pio- neered person- -to-person payments. PayPal's model has since been copied by several other service providers How does person-to-person payment work? The process begins when you open an account at a person-to- -person payment service Some services require you to deposit money service To use simply person log iS to to person your account payment your account -just as though you were opening bank account ente t ...
