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# P2P Payment Apps
The ScrewCash Eases Payments Between Individuals and Business Alike

By Rahul Kalvapalle | Published 2016-07-07 | Tech
Source: Trend Hunter, https://www.trendhunter.com/trends/Screwcash-payment-app
References: [iamwire](http://www.iamwire.com/2016/07/screwcash-fintech-startup/139158) & [screwcash](http://www.screwcash.com/)

Screwcash is a self-explanatory payment app, designed by two Indian entrepreneurs, that is designed to make it easier than ever for you to eschew physical legal tender in favor of a [one-stop payment solution](https://www.trendhunter.com/trends/supercash-link) that takes care of every kind of financial transaction including payment, [splitting, settling and even saving](https://www.trendhunter.com/trends/cashback1).

Available on the Android platform alone for the time being, this payment app ably aggregates a variety of payment options and allows users to select the vendor they'd like to make a payment to. Users can even take up the option of paying by entering the vendor's cellphone number, a feature that allows for conventional retail payments as well as [peer-to-peer transactions](https://www.trendhunter.com/trends/shapp) between individuals.

This particular payment app proves that developing world markets have an appetite for cashless transactions, as upwardly mobile consumers look for added convenience in their financial activities.

## Trend Insights (Trend Hunter)

- Score: 2.3/10
- Popularity: 33% | Activity: 27% | Freshness: 8%
- Audience gender: 50% men, 50% women
- Primary generations: Millennial, Gen X
- Top markets: Asia

## Categories

[Trend Hunter](https://www.trendhunter.com/trends) > [Tech](https://www.trendhunter.com/tech) > [Mobile](https://www.trendhunter.com/mobile)

## Key Themes

### Key Themes Behind This Trend

- **Cashless Transactions:** ScrewCash demonstrates the growing demand for cashless transactions in developing world markets.
- **Peer-to-peer Payments:** ScrewCash's ability to facilitate peer-to-peer transactions between individuals creates opportunities for convenient and seamless payment experiences.
- **Mobile Payment Aggregation:** The self-explanatory ScrewCash app showcases the potential for mobile apps to aggregate various payment options for a streamlined financial experience.

### Where This Applies

- **Fintech:** ScrewCash's innovative payment app falls under the fintech industry, which is constantly developing new solutions to transform financial transactions.
- **Mobile App Development:** The success of ScrewCash highlights the growing need for skilled mobile app developers who can create user-friendly payment solutions.
- **Emerging Markets:** The demand for cashless transactions in developing world markets presents opportunities for businesses to enter and expand in these emerging markets.

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