Fintiv Solution · P2P
A digital wallet built to move money between people as fast as people expect it to move
Powered by our patented solution, Fintiv enables instant peer-to-peer transfers consolidating all user holdings on one seamless, unified ledger.
Overview
Most people don't think of sending twenty dollars to a roommate or splitting a dinner bill as a banking transaction, they just want it to happen instantly and not think about it again. Fintiv's P2P solution gives an enterprise, a bank, a telco, a retailer, a way to offer that experience under its own name. A customer opens a wallet, sends and receives money in seconds, and keeps a running balance they can spend anywhere the wallet is accepted.
Behind that simple front end sits real infrastructure. Fundz® is the product that powers this solution, enabling the full range of P2P use cases and features described above, in production and already serving real transaction volume. It runs on Fintiv's Realtime Clearinghouse, which moves funds instantly across banks, cards, and digital currencies, and the Omni Wallet Ledger, which keeps every balance, whether dollars, loyalty points, or a stablecoin, in one place a customer can actually see and use.
Key Features
- Transfers happen instantly between users, across banks, cards, and digital currencies, all recorded on a single ledger that holds fiat, loyalty points, and stablecoins side by side. Built in merchant payment acceptance means a wallet balance can be spent immediately rather than just held, with real time settlement through Fintiv's Realtime Clearinghouse.
- Rewards and offers can be delivered inside the transfer experience itself, not bolted on afterward, so every movement of money becomes a chance to deepen the customer relationship.
Why It Matters
- A P2P wallet keeps a customer's money, and their attention, inside an enterprise's own ecosystem instead of sending them to a third party app to move it.
- Every transfer is also a data point and every idle balance is an opportunity, a rewards nudge, a cross sell, an offer, delivered at the moment it's most likely to land.
- For a bank or telco already holding the customer relationship, this is a way to extend that relationship into daily money movement without applying for new charters or building settlement infrastructure from the ground up.
How It Connects
P2P is the entry point into the rest of the Fintiv stack. The same wallet that handles a transfer between two people also accepts payments at a merchant through our Merchant Payment Acceptance solution (P2M), earns and spends loyalty points through our Rewards Management solution (P2R), and can be issued as a full card and bank account through our Card Issuance solution (P2C). It's one ledger, wearing different faces depending on who is using it and for what.