- Launch a mobile P2P payment solution that will enable users to quickly and easily make and share payments through Mogo’s mobile app
- Expect to see growing demand for mobile, next-generation payment solutions that let users send and receive money instantaneously from their smartphone
- Peer-to-peer payment is a natural extension of digital platform and complement and seamlessly integrate with other products such as MogoSpend
- Canadians rely primarily on Interac e-transfers for peer-to-peer payments1
- Once launched, Mogo’s peer-to-peer payment solution will be accessible through the Mogo mobile app
- Users will be able to quickly link their bank account or debit card and then begin sending and receiving money instantly through the app
