P2M

(redirected from Person-To-Merchant)
AcronymDefinition
P2MPush to Message
P2MProject & Program Management
P2MPoint-to-Multipoint
P2MPerson-To-Merchant
P2MProne to Mischief
P2MPoint-To-Many (protocol)
P2MPower2Motivate (Carlton Group, Ltd)
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References in periodicals archive ?
Users of Warid Pesa can carry out the following mobile money functions: Person-to-person mobile money transfer; person-to-merchant mobile money transfer; send money to anyone; request money; obtain a mini statement of the account; balance inquiry; change Personal Identity Number (PIN); and Top up prepaid cell phones.
The Bank of East Asia (BEA) (HKG: 0023) (OTC: BKEAY) has rolled out a consolidated payment platform for merchants, called i-Payment Hub, to enable person-to-merchant (P2M) payments, according to an online report.
It also created Unified Payment Interface (UPI), an integrated open architecture system that allows peer-to-peer, person-to-merchant and business-to-business payments using a basic mobile phone, making it the most revolutionary development we have seen in the global payment landscape.
Altogether, the solution will be rolled out in 33 markets and is focused on including 100 million new consumers, all of which will benefit from the mobile-driven, interoperable Person-to-Merchant (P2M) payment solution's ability to bring businesses and citizens into the financial mainstream.
Person-to-person and person-to-merchant transactions are free for consumers.
The bank claimed that Masterpass QR is the first mobile-driven, Person-to-Merchant (P2M) payment solution.