Ribbon Is Building P2P Payments For Consumers, No App Or Account Required

Good luck, I guess. P2P payments are a lousy business because cash, checks and splitting tactics work fine and no one wants to pay a fee for settling up with a friend.

I kinda wish the focus was still on the merchant accounts, I'm building a whole eCommerce app with the Ribbon service and AngularJS, but I'm worried that it will be rendered useless if the merchant service is ditched....

I guess Venmo getting acquired by Paypal is going to leave a huge gap in the market. These guys are executing on all cylinders to fill it.

I have high hopes for these guys. Really smart team and they are motivated to solve this problem better than anyone I've met.

How are they doing p2p USD payments? Is it bank account directly to bank account?

Not to be confused with Ripple (<a href="https://ripple.com/" rel="nofollow">https:&#x2F;&#x2F;ripple.com&#x2F;</a>) which is a credit-based P2P payments protocol.