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Sticky Glossary

Your go-to guide for comprehensive definitions and information about common terms used within the ecommerce industry.
Sticky Glossary > Payments > Payment Method Management (Payments)

Payment Method Management (Payments)

What are p2p payments?
P2P payments (peer-to-peer) are direct electronic transfers between individuals using mobile apps or online platforms, bypassing traditional banking intermediaries for instant money transfers.
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What is a digital wallet?
A digital wallet is a secure electronic application that stores payment methods, personal information, and credentials, allowing users to make contactless transactions online and in-store without physical cards.
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